Renminbi Internationalization (e-bog) af -
Kawai, Masahiro (redaktør)

Renminbi Internationalization e-bog

348,37 DKK (inkl. moms 435,46 DKK)
A Brookings Institution Press and Asian Development Bank Institute publicationMeet the next global currency: the Chinese renminbi, or the &quote;redback.&quote; 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 play...
E-bog 348,37 DKK
Forfattere Kawai, Masahiro (redaktør)
Udgivet 11 februar 2015
Længde 388 sider
Genrer 1FPC
Sprog English
Format epub
Beskyttelse LCP
ISBN 9780815726128
A Brookings Institution Press and Asian Development Bank Institute publicationMeet the next global currency: the Chinese renminbi, or the "e;redback."e; 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.