Analysis on Dynamic Relationship between Credit Restriction and Ezchange Rate Policy Change
To some extent, modern market economy is an economy based on various kinds of credit relationships, therefore, it is of great practical significance to investigate working mechanism of credit channels. With China’s accession into WTO, changing tendency of exchange rate policy has witnessed increasingly great effect on the trend of microeconomy. Therefore, understanding and seeking interactive mechanism between credit mechanism and exchange rate change can facilitate smooth progress of reform and openingup of our country. Upon analysis, the Author holds that in the New Era, it is imperative to, on basis of actual economic development situation, integrate credit channels to effectively implement monetary policies and exchange rate policies. Only in this way can our economy be developed in a healthy, stable and sustained manner.
zCredit Transmission Channel Credit Restriction Ezchange Rate Policy
Ji Ping
School of Public Administration, Jiangxi University of Finance and Economic, P.R.China, 330013
国际会议
北京
英文
820-822
2009-08-08（万方平台首次上网日期，不代表论文的发表时间）