學術產出-Theses
Article View/Open
Publication Export
-
題名 中國大陸經濟走向個案研究：利率改革和匯率改革
A Financial Analysis of China: Past and Future —A case study on the interest rate and exchange rate reform作者 盧雲
Lu, Yun貢獻者 陳威光<br>周行一
Chen, Wei Kuang<br>Chow, Edward H.
盧雲
Lu, Yun關鍵詞 中國
經濟
金融
改革
China
economy
finance
reform日期 2013 上傳時間 1-Jul-2014 12:07:08 (UTC+8) 摘要 過去十年間，中國發展迅速。但是最近兩年一些問題漸漸浮現，中國似乎再也無法維持兩位數的GDP增長率。為了解決這些問題，中國目前推出全面性改革。其中金融改革備受矚目，有望推進中國的經濟轉型。由於一個國家的金融體系和經濟密不可分，分析中國的金融體系有主於理解中國經濟目前面臨的困境與挑戰。本個案試圖從中國的利率和匯率改革研究中國經濟的未來走勢。本個案首先從在2013年發生的兩次錢荒談起，分析錢荒相關的各個經濟部門；隨後闡述中國政府要推進的利率改革與匯率改革相關的政策；最後本個案研究了這些政策可能對經濟各部門產生的影響和中國未來可能的經濟走向。
In the last ten years, China has been developing with a rapid speed. But problems have gradually emerged in these two years. It seems that China can no longer sustain its two-digit GDP growth rate and have severe potential problems. To solve these problems, the Chinese government is now implementing an all round reform including a financial one, which is a crucial step to transform its economy to a more balanced and sustainable one. The finance sector of a nation is often closely related to the performance of its economy. Analyzing the current status of the financial sector in China could be a way to understand the difficult position China’s economy is facing. The case tries to analyze the future status of China’s economy through researching on the interest rate reform and exchange rate reform in China. The case first introduces the two money crunches happened in 2013 and then analyzes the possible reasons of the crunches and major parties involved. Then the case demonstrates the major policies implemented and to be implemented by Chinese government concerning the liberalization of interest rate and exchange rate. Finally, the case researches on possible influences of these policies on the parties involved and gives an expectation on China’s future economy in view of current progress made.參考文獻 Ağca, Ş., De Nicolò, G., & Detragiache, E. 2013. Banking sector reforms and corporate leverage in emerging markets. Emerging Markets Review 17, 125-149. Arteta, C., Eichengreen, B., & Wyplosz, C. 2001. When does capital account liberalization help more than it hurts?. National bureau of economic research. Beck, T., Levine, R., & Loayza, N. 2000. Finance and the Sources of Growth. Journal of financial economics 58(1), 261-300. Chortareas, G. E., Garza-García, J. G., & Girardone, C. 2012. Competition, efficiency and interest rate margins in Latin American banking. International Review of Financial Analysis 24, 93-103. Echeverria, C., Darbar, M. S. M., & Johnston, M. R. 1997. Sequencing Capital Account Liberalization-Lessons from the Experiences in Chile, Indonesia, Korea, and Thailand. International Monetary Fund. Eichengreen, B., Gullapalli, R., & Panizza, U. 2011. Capital account liberalization, financial development and industry growth: A synthetic view. Journal of International Money and Finance 30(6), 1090-1106. Ghosh, S. 2013. Do economic reforms matter for manufacturing productivity? Evidence from the Indian experience. Economic Modelling 31, 723-733. Hermes, N., & Lensink, R. 2000. Financial system development in transition economies. Journal of Banking & Finance 24(4), 507-524. Johnston, M. R. , Darbar, M. S. M & Echeverria, C.1997. Sequencing Capital Account Liberalization-Lessons from the Experiences in Chile, Indonesia, Korea, and Thailand. International Monetary Fund.97,157 Klein, M. W., & Olivei, G. P. 2008. Capital account liberalization, financial depth, and economic growth. Journal of International Money and Finance 27(6), 861-875. King, R. G., & Levine, R. 1993. Finance, entrepreneurship and growth. Journal of Monetary economics 32(3), 513-542. Raulta,C , Sovac,A, Sovad,R and Caporalee,GM. 2014. Emerging Markets and the Global Economy:A Handbook. Academic Press: 811-824 描述 碩士
國立政治大學
金融研究所
101352036
102資料來源 http://thesis.lib.nccu.edu.tw/record/#G0101352036 資料類型 thesis dc.contributor.advisor 陳威光<br>周行一 zh_TW dc.contributor.advisor Chen, Wei Kuang<br>Chow, Edward H. en_US dc.contributor.author (Authors) 盧雲 zh_TW dc.contributor.author (Authors) Lu, Yun en_US dc.creator (作者) 盧雲 zh_TW dc.creator (作者) Lu, Yun en_US dc.date (日期) 2013 en_US dc.date.accessioned 1-Jul-2014 12:07:08 (UTC+8) - dc.date.available 1-Jul-2014 12:07:08 (UTC+8) - dc.date.issued (上傳時間) 1-Jul-2014 12:07:08 (UTC+8) - dc.identifier (Other Identifiers) G0101352036 en_US dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/67103 - dc.description (描述) 碩士 zh_TW dc.description (描述) 國立政治大學 zh_TW dc.description (描述) 金融研究所 zh_TW dc.description (描述) 101352036 zh_TW dc.description (描述) 102 zh_TW dc.description.abstract (摘要) 過去十年間，中國發展迅速。但是最近兩年一些問題漸漸浮現，中國似乎再也無法維持兩位數的GDP增長率。為了解決這些問題，中國目前推出全面性改革。其中金融改革備受矚目，有望推進中國的經濟轉型。由於一個國家的金融體系和經濟密不可分，分析中國的金融體系有主於理解中國經濟目前面臨的困境與挑戰。本個案試圖從中國的利率和匯率改革研究中國經濟的未來走勢。本個案首先從在2013年發生的兩次錢荒談起，分析錢荒相關的各個經濟部門；隨後闡述中國政府要推進的利率改革與匯率改革相關的政策；最後本個案研究了這些政策可能對經濟各部門產生的影響和中國未來可能的經濟走向。 zh_TW dc.description.abstract (摘要) In the last ten years, China has been developing with a rapid speed. But problems have gradually emerged in these two years. It seems that China can no longer sustain its two-digit GDP growth rate and have severe potential problems. To solve these problems, the Chinese government is now implementing an all round reform including a financial one, which is a crucial step to transform its economy to a more balanced and sustainable one. The finance sector of a nation is often closely related to the performance of its economy. Analyzing the current status of the financial sector in China could be a way to understand the difficult position China’s economy is facing. The case tries to analyze the future status of China’s economy through researching on the interest rate reform and exchange rate reform in China. The case first introduces the two money crunches happened in 2013 and then analyzes the possible reasons of the crunches and major parties involved. Then the case demonstrates the major policies implemented and to be implemented by Chinese government concerning the liberalization of interest rate and exchange rate. Finally, the case researches on possible influences of these policies on the parties involved and gives an expectation on China’s future economy in view of current progress made. en_US dc.description.tableofcontents 1 Case 1 2 Teaching analysis 32 2.1 Abstract 32 2.2 Case Research Motivation 32 2.3 Teaching objectives 36 2.4 Questions for students to answer 36 2.5 Teaching analysis 37 2.5.1 The Failure of the Transmission Mechanism of Monetary Policy in China 37 2.5.2 The role of Credit rationing in the mechanism 40 2.5.3 Policies Being Taken and Reasons for Proposition of the Policies 41 2.5.4 Influences of the Policies 45 2.5.5 China’s economy future in view of policies taken 51 Appendix: The Common Conduction Channels of Monetary Policies 59 References 62 zh_TW dc.language.iso en_US - dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G0101352036 en_US dc.subject (關鍵詞) 中國 zh_TW dc.subject (關鍵詞) 經濟 zh_TW dc.subject (關鍵詞) 金融 zh_TW dc.subject (關鍵詞) 改革 zh_TW dc.subject (關鍵詞) China en_US dc.subject (關鍵詞) economy en_US dc.subject (關鍵詞) finance en_US dc.subject (關鍵詞) reform en_US dc.title (題名) 中國大陸經濟走向個案研究：利率改革和匯率改革 zh_TW dc.title (題名) A Financial Analysis of China: Past and Future —A case study on the interest rate and exchange rate reform en_US dc.type (資料類型) thesis en dc.relation.reference (參考文獻) Ağca, Ş., De Nicolò, G., & Detragiache, E. 2013. Banking sector reforms and corporate leverage in emerging markets. Emerging Markets Review 17, 125-149. Arteta, C., Eichengreen, B., & Wyplosz, C. 2001. When does capital account liberalization help more than it hurts?. National bureau of economic research. Beck, T., Levine, R., & Loayza, N. 2000. Finance and the Sources of Growth. Journal of financial economics 58(1), 261-300. Chortareas, G. E., Garza-García, J. G., & Girardone, C. 2012. Competition, efficiency and interest rate margins in Latin American banking. International Review of Financial Analysis 24, 93-103. Echeverria, C., Darbar, M. S. M., & Johnston, M. R. 1997. Sequencing Capital Account Liberalization-Lessons from the Experiences in Chile, Indonesia, Korea, and Thailand. International Monetary Fund. Eichengreen, B., Gullapalli, R., & Panizza, U. 2011. Capital account liberalization, financial development and industry growth: A synthetic view. Journal of International Money and Finance 30(6), 1090-1106. Ghosh, S. 2013. Do economic reforms matter for manufacturing productivity? Evidence from the Indian experience. Economic Modelling 31, 723-733. Hermes, N., & Lensink, R. 2000. Financial system development in transition economies. Journal of Banking & Finance 24(4), 507-524. Johnston, M. R. , Darbar, M. S. M & Echeverria, C.1997. Sequencing Capital Account Liberalization-Lessons from the Experiences in Chile, Indonesia, Korea, and Thailand. International Monetary Fund.97,157 Klein, M. W., & Olivei, G. P. 2008. Capital account liberalization, financial depth, and economic growth. Journal of International Money and Finance 27(6), 861-875. King, R. G., & Levine, R. 1993. Finance, entrepreneurship and growth. Journal of Monetary economics 32(3), 513-542. Raulta,C , Sovac,A, Sovad,R and Caporalee,GM. 2014. Emerging Markets and the Global Economy:A Handbook. Academic Press: 811-824 zh_TW
