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- W2364440895 abstract "This paper puts forward a theory on the transmission mechanism of exchange rate's role on real economy, probes into the influence of the change of exchange rate on local economy and the problem existing in Guangdong's economy since the reform of exchange rate regime, and in particular after 2008.It also studies the shock of exchange rate regime transfer on financial stability using VAR model and concludes that RMB exchange rate reform does improve the economic structure, change growth mode and enhance resource allocation efficiency, but due to increasingly complicated economic situation both domestic and abroad, we need to push the foreign exchange rate reform gradually, control the appreciation pace, intensify the awareness of foreign exchange rate risk of the economic entities to safeguard the smooth function of economy and finance." @default.
- W2364440895 created "2016-06-24" @default.
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- W2364440895 date "2009-01-01" @default.
- W2364440895 modified "2023-09-25" @default.
- W2364440895 title "The Influence of Exchange Rate Regime Transfer on Financial Stability:An Aspect from the Economic and Financial Performance in Guangdong" @default.
- W2364440895 hasPublicationYear "2009" @default.
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