IDEAS home Printed from https://ideas.repec.org/b/bis/bisbps/15.html
   My bibliography  Save this book

China's capital account liberalisation: international perspective

Author

Listed:
  • Bank for International Settlements

Abstract

This volume collects the papers presented at the joint BIS/SAFE seminar on Capital account liberalisation in China: international perspectives, held on 12-13 September 2002 in Beijing, China. Seminar participants from outside China were mostly experienced practitioners and policymakers from 13 economies across four continents. Chinese participants consisted mainly of staff from the State Administration of Foreign Exchange, the People's Bank of China and the Chinese Academy of Social Sciences. The main aim of the seminar was to draw on the diverse international experiences in managing cross-border capital flows and to shed light on how China should proceed to implement capital account liberalisation in the years ahead, following its recent historic entry into the WTO. The present collection includes 16 seminar papers, which are organised under the following six topics: Overview Japanese experience Bank-related capital flows Corporate and non-bank flows Equity portfolio flows Offshore banknote flows Our introduction should be read in close conjunction with the welcome speech by SAFE Deputy Director General Ma Delun and with the SAFE summary chapter by Wang Yungui and Xie Yuelan, which follow immediately.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Bank for International Settlements, 2003. "China's capital account liberalisation: international perspective," BIS Papers, Bank for International Settlements, number 15.
  • Handle: RePEc:bis:bisbps:15
    as

    Download full text from publisher

    File URL: http://www.bis.org/publ/bppdf/bispap15.pdf
    File Function: Full PDF document
    Download Restriction: no

    File URL: http://www.bis.org/publ/bppdf/bispap15.htm
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Brian M. Doyle, 2000. "\"Here, dollars, dollars ...\"estimating currency demand and worldwide currency substitution," International Finance Discussion Papers 657, Board of Governors of the Federal Reserve System (U.S.).
    2. Kenneth S. Chan, 2001. "Currency Substitution between Hong Kong Dollar and Renminbi in South China," Working Papers 022001, Hong Kong Institute for Monetary Research.
    3. Kenneth Rogoff, 1998. "Blessing or curse? Foreign and underground demand for euro notes," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 13(26), pages 262-303.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Forssbaeck, Jens & Oxelheim, Lars, 2007. "The transition to market-based monetary policy: What can China learn from the European experience?," Journal of Asian Economics, Elsevier, vol. 18(2), pages 257-283, April.
    2. World Bank, 2006. "Foreign Capital Utilization in China : Prospects and Future Strategy," World Bank Publications - Reports 19623, The World Bank Group.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wensheng Peng & Joanna Y L Shi, 2003. "Offshore use of currency: Hong Kong’s experience," BIS Papers chapters, in: Bank for International Settlements (ed.), China's capital account liberalisation: international perspective, volume 15, pages 166-177, Bank for International Settlements.
    2. Goodhart, Charles & Krueger, Malte, 2001. "The impact of technology on cash usage," LSE Research Online Documents on Economics 25048, London School of Economics and Political Science, LSE Library.
    3. Aksoy, Yunus & Piskorski, Tomasz, 2001. "Domestic money and US output and inflation," CFS Working Paper Series 2001/08, Center for Financial Studies (CFS).
    4. Rua, António, 2018. "Modelling currency demand in a small open economy within a monetary union," Economic Modelling, Elsevier, vol. 74(C), pages 88-96.
    5. Kenneth S. Chan, 2001. "Currency Substitution between Hong Kong Dollar and Renminbi in South China," Working Papers 022001, Hong Kong Institute for Monetary Research.
    6. Kenneth S. Chan, 2001. "The Internationalisation of Hong Kong Dollar: An Analytical Framework," Working Papers 012001, Hong Kong Institute for Monetary Research.
    7. Fernando Alvarez & Francesco Lippi & Roberto Robatto, 2019. "Cost of Inflation in Inventory Theoretical Models," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 32, pages 206-226, April.
    8. Guerino Ardizzi & Carmelo Petraglia & Massimiliano Piacenza & Gilberto Turati, 2014. "Measuring the Underground Economy with the Currency Demand Approach: A Reinterpretation of the Methodology, With an Application to Italy," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(4), pages 747-772, December.
    9. Buiter, Willem H., 2009. "Negative nominal interest rates: Three ways to overcome the zero lower bound," The North American Journal of Economics and Finance, Elsevier, vol. 20(3), pages 213-238, December.
    10. Jan Cimburek & Pavel Řežábek, 2008. "Hotovost v oběhu: světové trendy a situace v České republice [Currency in circulation: global trends and the situation in the Czech republic]," Politická ekonomie, Prague University of Economics and Business, vol. 2008(6), pages 739-758.
    11. Friedrich Schneider & Robert Klinglmair, 2004. "Shadow economies around the world: what do we know?," Economics working papers 2004-03, Department of Economics, Johannes Kepler University Linz, Austria.
    12. Stephanie Schmitt-Groh√ & Mart√Çn Uribe, 2012. "Foreign Demand for Domestic Currency and the Optimal Rate of Inflation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(6), pages 1207-1224, September.
    13. Schneider Friedrich, 2015. "Schattenwirtschaft und Schattenarbeitsmarkt: Die Entwicklungen der vergangenen 20 Jahre," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(1), pages 3-25, March.
    14. Schneider Friedrich & Buehn Andreas, 2017. "Shadow Economy: Estimation Methods, Problems, Results and Open questions," Open Economics, De Gruyter, vol. 1(1), pages 1-29, March.
    15. Friedrich Schneider & Andreas Buehn & Claudio E. Montenegro, 2011. "Shadow Economies All Over the World: New Estimates for 162 Countries from 1999 to 2007," Chapters, in: Friedrich Schneider (ed.), Handbook on the Shadow Economy, chapter 1, Edward Elgar Publishing.
    16. Rösl, Gerhard & Seitz, Franz & Tödter, Karl-Heinz, 2017. "Doing away with cash? The welfare costs of abolishing cash," IMFS Working Paper Series 112, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    17. Komárek Luboš & Melecký Martin, 2001. "Demand for Money in the Transition Economy : The Case of the Czech Republic 1993–2001," The Warwick Economics Research Paper Series (TWERPS) 614, University of Warwick, Department of Economics.
    18. Marcelo Álvez & Rodrigo Lluberas & Jorge Ponce, 2020. "The Cost of Using Cash and Checks in Uruguay," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 9(2), pages 109-129.
    19. Zhang, Cathy, 2014. "An information-based theory of international currency," Journal of International Economics, Elsevier, vol. 93(2), pages 286-301.
    20. Rösl, Gerhard & Seitz, Franz & Tödter, Karl-Heinz, 2017. "Besser ohne Bargeld? Gesamtwirtschaftliche Wohlfahrtsverluste der Bargeldabschaffung [Doing away with cash? The macroeconomic welfare costs of abolishing cash]," Weidener Diskussionspapiere 58, University of Applied Sciences Amberg-Weiden (OTH).

    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bis:bisbps:15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Martin Fessler (email available below). General contact details of provider: https://edirc.repec.org/data/bisssch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.