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Strategies for Internationalizing the Renminbi: Research Series on the Chinese Dream and China’s Development Path

Autor Yuanzheng Cao
en Limba Engleză Hardback – 18 sep 2018
This book presents the theoretical framework for the evolution of the international monetary system and the internationalization of the RMB. Combining theoretical research and empirical study, it then provides an in-depth analysis of the relevant issues from multiple perspectives based on this framework. Written by former chief economist at the Bank of China, this book explains the “two-step strategy” from the capital account opening to the full convertibility of the RMB, it also analyzes the status and functions of the HK offshore financial market in internationalizing the RMB.
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Specificații

ISBN-13: 9789811307997
ISBN-10: 9811307997
Pagini: 213
Ilustrații: XXXI, 213 p. 27 illus.
Dimensiuni: 155 x 235 mm
Greutate: 0.53 kg
Ediția:1st ed. 2018
Editura: Springer Nature Singapore
Colecția Springer
Seria Research Series on the Chinese Dream and China’s Development Path

Locul publicării:Singapore, Singapore

Cuprins

Chapter 1 Monetary System and International Monetary System: Evolution and Reform.- Chapter 2 Internationalization of the RMB: origin and challenge.- Chapter 3 Experiences of internationalizing sovereign currencies and lessons learnt.- Chapter 4 Selecting a path for the RMB’s internationalization.- Chapter 5 The status and the function of the HK financial market in the process of internationalizing the RMB.- Chapter 6 The opening of the capital account and the full convertibility of the RMB.- Chapter 7 Way of accelerating the RMB’s internationalization.- Chapter 8 Prospect of internationalizing the RMB.

Notă biografică

Yuanzheng Cao is the former chief economist at the Bank of China and president of the Bank of China International Research Corporation

Textul de pe ultima copertă

This book presents the theoretical framework for the evolution of the international monetary system and the internationalization of the RMB. Combining theoretical research and empirical study, it then provides an in-depth analysis of the relevant issues from multiple perspectives based on this framework. Written by former chief economist at the Bank of China, this book explains the “two-step strategy” from the capital account opening to the full convertibility of the RMB, it also analyzes the status and functions of the HK offshore financial market in internationalizing the RMB.

Caracteristici

Offers an in-depth analysis of the possible ways of internationalizing the RMB Demonstrates the necessity of internationalizing the RMB for developing the world economy Explains the “two-step strategy” from the capital account opening to the full convertibility of the RMB Analyzes the status and functions of the HK offshore financial market in internationalizing the RMB Written by respected researcher and practitioner