Renminbi Internationalization - 9780815726111
Un libro in lingua di Eichengreen Barry (EDT) Kawai Masahiro (EDT) edito da Brookings Inst Pr, 2015
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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.
Informazioni bibliografiche
- Titolo del Libro in lingua: Renminbi Internationalization
- Sottotitolo: Achievements, Prospects, and Challenges
- Lingua: English
- Autori : Eichengreen Barry (EDT) Kawai Masahiro (EDT)
- Editore: Brookings Inst Pr
- Collana: Brookings Inst Pr (Paperback)
- Data di Pubblicazione: 11 Febbraio '15
- Genere: POLITICAL SCIENCE
- Argomenti : Renminbi Foreign exchange rates China Currency question China
- Pagine: 388
- Dimensioni mm: 241 x 158 x 25
- ISBN-10: 0815726112
- EAN-13: 9780815726111