Chinas Capital Account Liberalization in the Post-Financial-Crisis Era (Chinese Edition)

This book firstly, from a system perspective, has an analysis on the internal and external motivations of Chinas capital account liberalization in the post- financial-crisis era and elaborates the inevitability and the potential difficulties of Chinas capital account liberalization. Then, it examines the effect of Chinas capital account liberalization from multiple aspects, including economic effects, currency substitution effect, capital flight effect, currency crisis, etc., providing theoretical and empirical support for the capital liberalization strategies in the post-financial-crisis era. Then, through case studies, it provides a reference for Chinas capital account liberalization in the post- financial-crisis era.