Essays about: "Chinese monetary reform"

Found 2 essays containing the words Chinese monetary reform.

1. 1. The Monetary Transmission Mechanism in Pre-war China

   University essay from Lunds universitet/Ekonomisk-historiska institutionen

   Author : Jing Hu; [2014]
   Keywords : the silver standard; the exchange channel; the monetary channel; Structural VAR Model; Business and Economics;

   Abstract : When the international monetary system was on the gold standard, China was the only country adhered to the silver standard. Silver functioned as currency in China but acted as commodity in international markets. Its price experienced downturn trend from 57 cents per ounce in January 1929 to 23.38 ounces per ounce in January 1933. READ MORE

3. 2. The Silver Standard in Prewar China, A Blessing or A Curse?

   University essay from Lunds universitet/Ekonomisk-historiska institutionen

   Author : Jing Hu; [2013]
   Keywords : the silver standard; silver flight; the U.S. silver purchase act; Chinese monetary reform; Business and Economics; Social Sciences;

   Abstract : When the rest of the world sank deeper into the mire of gold shortage and the Great Depression, China, a country still adhered to the silver standard, maintained a relative independent connection to the global economy. In the initial stage of the Great Depression, Chinese economy under relative inflation benefited from the blessing of the silver standard. READ MORE