Problems of Selected RCPEs

  • Haiqun Yang
Part of the Studies on the Chinese Economy book series (STCE)


Banking reforms are only justified to the extent that they benefit the economy. This chapter examines the prevailing financial and economic situation in two countries, Hungary and China, after reforms had been implemented. It attempts to discover whether there is any link between banking reforms and economic outcomes. Does the banking system serve the economy well or not, and why? This chapter seeks the answer by looking directly at both the economic situation and the financial situation after the fundamental changes had taken effect in the two countries.


Central Bank Banking System Commercial Bank Money Supply National Income 
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© Haiqun Yang 1996

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  • Haiqun Yang

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