Money and Finance in the Economic Development of Taiwan

ISBN-13: 9781349111251 / Angielski / Miękka / 1990 / 201 str.

Sheng-Yi Lee

Opis

The books in this series aim to reflect the enormous economic and political changes that small and medium-sized nations in East and South-East Asia have been undergoing in the 1970s and 1980s and to show the impact of these changes on the world economy.

Spis treści

Part 1: historical review of the banking system; domestic and foreign banks; investment and trust companies; credit cooperatives; credit departments of farmers associations and fishery associations; insurance companies; offshore banking systems; informal money markets; assets and liabilities of financial institutions and the composition of lending; deposits of various financial institutions and their growth rates; loans of various financial institutions and their growth rates; aggregate assets of various financial institutions and their growth rates; domestic banks; medium and small business banks; foreign banks; composition of lending; investment and trust companies. Part 2: monetary system; historical background of currency issue; currency issue of new Taiwan dollars; reserve requirement of deposit money banks; money, income and prices; demand for money in Taiwan; determinants of money supply; the monetary identity as applied to Taiwan; money multiplier; income velocities of circulation; savings and investment ratios and the financial system; monetary policy; objectives and instruments of monetary policy; exchange rate policy; exchange rate, international reserves and money supply; appreciation of exchange rate and price change; major issues of monetary policy. Part 3: Development of the financial and real sectors; financial development and economic growth; land reform and industrialization; import-substitution and export orientated strategy; manufacturing and export growth; liberalization and reform of the financial system; liberalization of interest rate and foreign exchange; order and speed of liberalization; a consideration of the reform of financial institutions; banks; investment and trust companies; credit cooperatives; insurance companies; a consideration of strengthening the capital market.