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Central Bank Independence: A Comparative Perspective

In: Banking Reform in India and China

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  • Lawrence Sáez

Abstract

In chapter 5 I examined the strategies that both China and India have adopted to diminish the burden of nonperforming assets held by state-owned banks. I also examined the efforts that Indian and Chinese banks have undertaken in response to growing international norms favoring the optimal financial restructuring of banks. This chapter develops this theme further by evaluating banking reform from the perspective of the central banks.

Suggested Citation

  • Lawrence Sáez, 2004. "Central Bank Independence: A Comparative Perspective," Palgrave Macmillan Books, in: Banking Reform in India and China, chapter 0, pages 101-116, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-4039-8125-7_6
    DOI: 10.1057/9781403981257_6
    as

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