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Renminbi internationalization : achievements, prospects and challenges /

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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Eichengreen, Barry J., Kawai, Masahiro, 1947-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Tokyo : Washington : Asian Development Bank Institute ; Brookings Institution Press, 2015.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario: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
Descripción Física:1 online resource (x, 388 pages) : illustrations
Bibliografía:Includes bibliographical references and index.
ISBN:9780815726128
0815726120