Consequences of Shadow Banking for Monetary Policy in China

Centre for Contemporary Chinese Studies, The University of Melbourne

5:30 – 7:00pm, Thursday 26 September 2019
Room 321, Level 3, Sidney Myer Asia Centre (Building 158)
The University of Melbourne

This paper reviews the current development in the FinTech sector in China which has become the leading industry at a global level. It builds a theoretical model to examine the implications of the development of this new type of shadow banking sector to the practice and effectiveness of monetary policy in China. Findings of the paper inform policy makers of how to regulate the development of the FinTech sector and how to implement and reform monetary policy framework to better stabilise the macroeconomy.

About the Speaker

Dr Jiao Wang is Research Fellow at the Melbourne Institute: Applied Economic & Social Research at the Faculty of Business and Economics at the University of Melbourne. She obtained her PhD degree from the Australian National University and her areas of research are monetary economics, open economy macroeconomics, international economics and Chinese economy. She has published at several academic journals including Journal of International Economics and Journal of Money, Credit and Banking. Her policy analysis and commentaries appear regularly on East Asia Forum and Australian Economic Reviews.

Registration Link
http://alumni.online.unimelb.edu.au/ShadowBanking