Renminbi Internationalization

Renminbi Internationalization
Author :
Publisher : Brookings Institution Press
Total Pages : 401
Release :
ISBN-10 : 9780815726128
ISBN-13 : 0815726120
Rating : 4/5 (120 Downloads)

Book Synopsis Renminbi Internationalization by : Barry Eichengreen

Download or read book Renminbi Internationalization written by Barry Eichengreen and published by Brookings Institution Press. This book was released on 2015-02-11 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and Asian Development Bank Institute publication Meet the next global currency: the Chinese renminbi, or the "redback." Following the global financial crisis of 2008, China's major monetary policy objective is the internationalization of the renminbi, that is, to create an inter-national role for its currency akin to the international role currently played by the U.S. dollar. Renminbi internationalization is a hot topic, for good reason. It is, essentially, a window onto the Chinese government's aspirations and the larger process of economic and financial transformation. Making the renminbi a global currency requires rebalancing the Chinese economy, developing the country's financial markets and opening them to the rest of the world, and moving to a more flexible exchange rate. In other words, the internationalization of the renminbi is a monetary and financial issue with much broader supra-monetary and financial implications. This book offers a new perspective on the larger issues of economic, financial, and institutional change in what will eventually be the world's largest economy.


Renminbi Internationalization Related Books

Reform of the International Monetary System and Internationalization of the Renminbi
Language: en
Pages: 314
Authors: Ruogu Li
Categories: Business & Economics
Type: BOOK - Published: 2015-11-09 - Publisher: World Scientific

DOWNLOAD EBOOK

"This book argues that only by reforming the international monetary system can we prevent financial crises in the future and the internationalization of the Ren
Renminbi Internationalization
Language: en
Pages: 401
Authors: Barry Eichengreen
Categories: Political Science
Type: BOOK - Published: 2015-02-11 - Publisher: Brookings Institution Press

DOWNLOAD EBOOK

A Brookings Institution Press and Asian Development Bank Institute publication Meet the next global currency: the Chinese renminbi, or the "redback." Following
Reform Of The International Monetary System And Internationalization Of The Renminbi
Language: en
Pages: 314
Authors: Ruogu Li
Categories: Business & Economics
Type: BOOK - Published: 2015-11-09 - Publisher: World Scientific

DOWNLOAD EBOOK

This book argues that only by reforming the international monetary system can we prevent financial crises in the future and the internationalization of the Renm
China’s Evolving Exchange Rate Regime
Language: en
Pages: 31
Authors: Mr.Sonali Das
Categories: Business & Economics
Type: BOOK - Published: 2019-03-07 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

China’s exchange rate regime has undergone gradual reform since the move away from a fixed exchange rate in 2005. The renminbi has become more flexible over t
Enter the Dragon
Language: en
Pages: 442
Authors: Domenico Lombardi
Categories: Political Science
Type: BOOK - Published: 2016-10-17 - Publisher: McGill-Queen's Press - MQUP

DOWNLOAD EBOOK

China has experienced a remarkable transformation since the 1990s. It now boasts the second-largest — some would argue the largest — economy in the world, h