The Study of RMB Capital Account's Free Convertibility under the Opening-up Conditions
Zhang Yu-feng
Abstract
Zhang Yu-feng
Abstract
At present,under the opening up economy,our country lacks the conditions of RMB capital account's free convertibility.The problem is specifically shown in four aspects: macroeconomic base,microeconomic base,the system of policy adjustment and exchange rate.The thesis offers the solutions of RMB capital account's free convertibility in the above four aspects.
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At present,under the opening up economy,our country lacks the conditions of RMB capital account's free convertibility.The problem is specifically shown in four aspects: macroeconomic base,microeconomic base,the system of policy adjustment and exchange rate.The thesis offers the solutions of RMB capital account's free convertibility in the above four aspects.
Key concepts: Convertibility, Renminbi, Economics, Capital (architecture), Exchange rate, Monetary economics, Capital account, International economics