Renminbi internationalization : achievements, prospects and challenges / / Barry Eichengreen and Masahiro Kawai, editors ; contributors Yin-Wong Cheung [and nineteen others]

• Pubblicazione: Tokyo, Japan ; ; Washington, District of Columbia : , : Asian Development Bank Institute : , : Brookings Institution Press, , 2015; ©2015
• Descrizione fisica: 1 online resource (401 p.)
• Disciplina: 332.4/560951
• Soggetto topico: Renminbi; Foreign exchange rates - China; Currency question - China
• Soggetto geografico: China Economic policy 2000-
• Soggetto genere / forma: Electronic books.
• Persona (resp. second.): EichengreenBarry J.; KawaiMasahiro <1947->; CheungYin-Wong
• Note generali: Includes index.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Front Cover; Title Page; Copyright Information; Table of Contents; Foreword; Preface; Introduction and Overview; Part One: The Context; Will History Repeat Itself? Lessons for the Yuan; How Far Can Renminbi Internationalization Go?; Part Two: The Implications; Global Ramifications of the Renminbi's Ascendance; The Rise of the Redback: Evaluating the Prospects for Renminbi Use in Invoicing; The Renminbi and Exchange Rate Regimes in East Asia; Part Three: The Process; The Role of Offshore Financial Centerse in the Process of Renminbi Internationalization ; Regional Settlement Infrastructure and Currency Internationalization: the Case of Asia and the RenminbiAre the People's Republic of China Financial Markets Deep and Liquid Enough for Renminbi Internationalization?; Part Four: The View from the People's Republic of China; Paths to a Reserve Currency: Renminbi Internationalization and Its Implications; The Benefits and Costs of Renminbi Internationalization; Contributors; Index; Back Cover
• Sommario/riassunto: 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
• Titolo autorizzato: Renminbi internationalization
• ISBN: 0-8157-2612-0
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910460628303321
• Lo trovi qui: Univ. Federico II