Interest Rate Liberalization in China

Interest Rate Liberalization in China
What might interest rate liberalization do to intermediation and the cost of capital in China? China's most binding interest rate control is a ceiling on the deposit rate, although lending rates are also regulated. Through case studies and model-based simulations, we find that liberalization will likely result in higher interest rates, discourage READ MORE...

Publication date: October 2010
ISBN 9781455215560
$18.00

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