The Experts below are selected from a list of 156 Experts worldwide ranked by ideXlab platform

Yang Song - One of the best experts on this subject based on the ideXlab platform.

Wang Lei - One of the best experts on this subject based on the ideXlab platform.

  • The Model of Exchange Rate Determination Based on Currency Substitution and Its Empirical Analysis
    Journal of Xi'an Shiyou University, 2009
    Co-Authors: Wang Lei
    Abstract:

    All traditional theories of Exchange rate determination ignored the currency substitution in the analysis of influencing factors.Along with the expansion of economic globalization,the gradual opening of capital markets,and the step-by-step cancel of Foreign Exchange Control,the impact of currency substitution on the Exchange rate has become so great that it cannot be overlooked.Therefore,from the perspective of currency substitution and based on the Portfolio theory of currency request,the paper builds up the model of Exchange rate and does empirical analysis by the use of relevant data in China and America,and thus explaining the influence of currency substitution on Exchange rate determination in China.

Feng Yong-fu - One of the best experts on this subject based on the ideXlab platform.

  • To Reform China's Exchange Rate Mechanism,To Stabilize RMB's Exchange Rate
    Journal of Henan College of Financial Management Cadres, 2003
    Co-Authors: Feng Yong-fu
    Abstract:

    The discussion on whether RMB's Exchange rate remains stable or appreciates should at first be directly focused on the decisive mechanism of it, rather than the influences of its appreciation. To RMB's stabilize Exchange rate, many measures should be taken, such as releasing Foreign Exchange Control to change the present binding conditions of RMB's Exchange rate generation, broadening capital flow channels, and increasing domestic residents' holding of Foreign Exchange position, so as to form a really constructive RMB's Exchange rate-generation market mechanism.

Michael Blandine Kouwos - One of the best experts on this subject based on the ideXlab platform.

  • Why Exchange Control Matters in Countries Hosting Foreign Direct Investment
    Social Science Research Network, 2015
    Co-Authors: Alain Ndedi, Kelly Kingsly Mua, Yota Denis Kuete, Henry Jong Ketuma, Michael Blandine Kouwos
    Abstract:

    One of the measurements of economic development in a country is the increase in the nation’s level of capital stock. A developing nation may increase the amount of capital stock by incentivizing and encouraging capital inflows, and this is done more commonly through the attraction of Foreign direct investments, or FDIs. FDIs are favoured in particular because of their long term durability and commitment to a host countries economy and would be less susceptible to short term changes in market conditions, therefore ensuring a certain level of continuity and stability in the money flow. (Ndedi and Ijeoma, 2008) However, FDI could be impediments to the desired objectives.In order to assess these impediments, a review of a literature on drawbacks and disadvantages of FDI was undertaken. The findings of this review show that one key impediment of Foreign investment consists of allowing Foreign companies to transfer most of their profits to their mother countries, which means allowing them absorb the riches that have been newly created in the host country. Here the establishment of Foreign Exchange Controls is needed. In fact, Foreign Exchange Controls are forms of Controls imposed by a government on the purchase/sale of Foreign currencies by residents or on the purchase/sale of local currency by nonresidents. Common Foreign Exchange Controls include among others, restricting currency Exchange to government-approved Exchangers and restrictions on the amount of currency that may be imported or exported. (Ndedi, 2001).In order to deal with FDI outflow from the host country, Ren (2014) suggests that special measures like the Control of Foreign Exchange accounts, the Control of Exchange settlement and conversion, the banks’ obligations of review and registration, and the investigation and sanction need to be implemented. According to her, with this regime of Foreign Exchange Control, China has enhanced Foreign Exchange liquidity as well as facilitates and speeds up Foreign direct investment progress. The paper recommends that companies engaged in FDI must re-invest a certain amount of their profits in the host country; amount that could be discussed with local authorities.

Yang Bai - One of the best experts on this subject based on the ideXlab platform.

  • Research of Foreign Exchange Management Legal System
    Asian Social Science, 2009
    Co-Authors: Yang Bai
    Abstract:

    As the Foreign Exchange management mode undergoes the conversion from direct-management to indirect-management, Foreign Exchange and financial supervision system have being perfected by relative department. Especially in recent years, financial laws and regulations have got further regulation adjustment. However, in the whole financial law system, Foreign Exchange Control in the whole system. So, consummating the currency law in force has become the most significance in building laws of Foreign Exchange.