Central Bank Independence: A Comparative Perspective

Lawrence Sáez

Chapter Chapter 6 in Banking Reform in India and China, 2004, pp 101-116 from Palgrave Macmillan

Abstract: Abstract In chapter 5 I examined the strategies that both China and India have adopted to diminish the burden of nonperforming assets held by state-owned banks. I also examined the efforts that Indian and Chinese banks have undertaken in response to growing international norms favoring the optimal financial restructuring of banks. This chapter develops this theme further by evaluating banking reform from the perspective of the central banks.

Keywords: Monetary Policy; Central Bank; Money Supply; State Council; Reserve Requirement (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-8125-7_6

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DOI: 10.1057/9781403981257_6

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