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.
Product Identifiers
Publisher
Brookings Institution
ISBN-13
9780815726111
eBay Product ID (ePID)
209442177
Product Key Features
Author
Masahiro Kawai, Barry Eichengreen
Publication Name
Renminbi Internationalization: Achievements, Prospects, and Challenges