CHAPTER 1 Monetary Policy in East Asia: Implementation Matters .-PART I:The Framework of Monetary Policy Implementation -- CHAPTER 2China's Monetary Policy Re-visited: Institutional Setting, Main Tools, Challenges -- CHAPTER 3The Operation of Inflation Targeting in Korea -- PART II:Central Banks in Foreign Exchange Markets -- CHAPTER 4Exchange-Rate Management in East -- Asia: Words and Deeds -- CHAPTER 5Taiwan's Foreign Exchange Policy and its Current Challenges -- CHAPTER 6 Monetary Policy Implementation in Singapore -- PART III:Dimensions of Monetary Policy Implementation -- CHAPTER 7The Asset Purchase Programmes of the Eurosystem in the Courts -- CHAPTER 8Bank of Japan Exchange Traded Fund Purchases under Quantitative and Qualitative Monetary Easing with Yield Curve Control -- INDEX .

This book shares essential insights into the implementation of monetary policy in various East Asian countries. Highlighting case studies from China, Taiwan, Korea, Japan and Singapore, leading economists and practitioners from central banks illustrate how dependent effective monetary policy is on the institutional and financial market environment, as well as on successful implementation and communication. The respective contributions cover various aspects of monetary policy implementation, such as: How is inflation targeting handled? For what purposes and how do central banks operate on financial markets, and what are the (at times unintended) effects? How do currency market interventions help achieve the monetary policy targets set by individual countries or areas? In addition, Asian experiences are contrasted with those from the Eurozone. .