Renminbi Internationalization: Achievements, Prospects, and Challenges

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9780815726111: Renminbi Internationalization: Achievements, Prospects, and Challenges
Reseña del editor:

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 international 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.

Reseña del editor:

China's major monetary policy goal is the internationalization of the renmimbi, i.e. create an international 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 onto the larger process of economic and financial reform. Successfully internationalizing the currency will require rebalancing the Chinese economy. It will require developing the country's financial markets. It will require opening those markets to the rest of the world and, inter alia, moving to a more flexible exchange rate. In other words, it is a monetary and financial issue with much broader, supra-monetary and financial implications. This book provides a window into the larger issues of economic, financial and social reform in what will eventually be the world's largest economy.

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Editorial: BROOKINGS INSTITUTION, United States (2015)
ISBN 10: 0815726112 ISBN 13: 9780815726111
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Descripción BROOKINGS INSTITUTION, United States, 2015. Paperback. Estado de conservación: New. 229 x 150 mm. Language: English . Brand New Book. China s major monetary policy goal is the internationalization of the renmimbi - to create an international role for its currency akin to the international role currently played by the US dollar. Renminbi internationalization is a hot topic, for good reason. It is, essentially, a window onto the Chinese government s aspirations and onto the larger process of economic and financial reform. Successfully internationalizing the currency will require rebalancing the Chinese economy. It will require developing the country s financial markets. It will require opening those markets to the rest of the world and, inter alia, moving to a more flexible exchange rate. In other words, it is a monetary and financial issue with much broader, supra-monetary and financial implications. This book provides a window into the larger issues of economic, financial and social reform in what will eventually be the world s largest economy. Nº de ref. de la librería AAS9780815726111

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Editorial: BROOKINGS INSTITUTION, United States (2015)
ISBN 10: 0815726112 ISBN 13: 9780815726111
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Descripción BROOKINGS INSTITUTION, United States, 2015. Paperback. Estado de conservación: New. 229 x 150 mm. Language: English . Brand New Book. China s major monetary policy goal is the internationalization of the renmimbi - to create an international role for its currency akin to the international role currently played by the US dollar. Renminbi internationalization is a hot topic, for good reason. It is, essentially, a window onto the Chinese government s aspirations and onto the larger process of economic and financial reform. Successfully internationalizing the currency will require rebalancing the Chinese economy. It will require developing the country s financial markets. It will require opening those markets to the rest of the world and, inter alia, moving to a more flexible exchange rate. In other words, it is a monetary and financial issue with much broader, supra-monetary and financial implications. This book provides a window into the larger issues of economic, financial and social reform in what will eventually be the world s largest economy. Nº de ref. de la librería AAS9780815726111

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Editorial: BROOKINGS INSTITUTION, United States (2015)
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Descripción BROOKINGS INSTITUTION, United States, 2015. Paperback. Estado de conservación: New. 229 x 150 mm. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. China s major monetary policy goal is the internationalization of the renmimbi - to create an international role for its currency akin to the international role currently played by the US dollar. Renminbi internationalization is a hot topic, for good reason. It is, essentially, a window onto the Chinese government s aspirations and onto the larger process of economic and financial reform. Successfully internationalizing the currency will require rebalancing the Chinese economy. It will require developing the country s financial markets. It will require opening those markets to the rest of the world and, inter alia, moving to a more flexible exchange rate. In other words, it is a monetary and financial issue with much broader, supra-monetary and financial implications. This book provides a window into the larger issues of economic, financial and social reform in what will eventually be the world s largest economy. Nº de ref. de la librería TNP9780815726111

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Barry Eichengreen (editor), Masahiro Kawai (editor)
Editorial: Brookings Institution Press 2015-02-28, Washington, D.C. (2015)
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Descripción Brookings Institution Press 2015-02-28, Washington, D.C., 2015. paperback. Estado de conservación: New. Nº de ref. de la librería 9780815726111

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Eichengreen, Barry
Editorial: Brookings Inst Pr (2015)
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Descripción Brookings Inst Pr, 2015. PAP. Estado de conservación: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Nº de ref. de la librería KS-9780815726111

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Barry Eichengreen, Masahiro Kawai
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Descripción Brookings Institution. Paperback. Estado de conservación: new. BRAND NEW, Renminbi Internationalization: Achievements, Prospects, and Challenges, Barry Eichengreen, Masahiro Kawai, China's major monetary policy goal is the internationalization of the renmimbi - to create an international role for its currency akin to the international role currently played by the US dollar. Renminbi internationalization is a hot topic, for good reason. It is, essentially, a window onto the Chinese government's aspirations and onto the larger process of economic and financial reform. Successfully internationalizing the currency will require rebalancing the Chinese economy. It will require developing the country's financial markets. It will require opening those markets to the rest of the world and, inter alia, moving to a more flexible exchange rate. In other words, it is a monetary and financial issue with much broader, supra-monetary and financial implications. This book provides a window into the larger issues of economic, financial and social reform in what will eventually be the world's largest economy. Nº de ref. de la librería B9780815726111

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Barry Eichengreen
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ISBN 10: 0815726112 ISBN 13: 9780815726111
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Descripción Brookings Institution, 2014. PAP. Estado de conservación: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Nº de ref. de la librería GB-9780815726111

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Descripción Estado de conservación: New. Depending on your location, this item may ship from the US or UK. Nº de ref. de la librería 97808157261110000000

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Editorial: Brookings Institution (2015)
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Descripción Brookings Institution, 2015. Estado de conservación: New. Following the global financial crisis of 2008, China's major monetary policy objective is the internationalization of the renminbi, that is, to create an international role for its currency akin to the international role currently played by the US dollar. This book deals with this topic. Editor(s): Eichengreen, Barry; Kawai, Masahiro. Num Pages: 226 pages, illustrations. BIC Classification: 1FPC; KCBM; KCG; KCLF; KJD. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 237 x 157 x 34. Weight in Grams: 676. . 2015. Paperback. . . . . . Nº de ref. de la librería V9780815726111

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