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Renminbi Internationalization
- Achievements, Prospects, and Challenges
Engelsk Paperback
Renminbi Internationalization
- Achievements, Prospects, and Challenges
Engelsk Paperback

494 kr
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Om denne bog
"

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.

"
Product detaljer
Sprog:
Engelsk
Sider:
402
ISBN-13:
9780815726111
Indbinding:
Paperback
Udgave:
ISBN-10:
0815726112
Kategori:
Udg. Dato:
11 feb 2015
Længde:
34mm
Bredde:
157mm
Højde:
237mm
Forlag:
Bloomsbury Publishing Plc
Oplagsdato:
11 feb 2015
Forfatter(e):
Kategori sammenhænge