Renminbi Internationalization: Achievements, Prospects, and Challenges - Softcover

Softcover

ISBN 10: 0815726112 ISBN 13: 9780815726111

Verlag: Brookings Institution Press, 2015

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Reseña del editor:

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.

Biografía del autor:

Barry Eichengreen is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California - Berkeley, USA. His books include The European Economy since 1945 (Princeton, 2007) and Global Imbalances: The Lessons of Bretton Woods (MIT, 2006). Masahiro Kawai is dean of the Asian Development Bank Institute. He joined ADBI in January 2007 after serving as head of ADB's Office of Regional Economic Integration (OREI) and Special Advisor to the ADB President in charge of regional economic cooperation and integration. Before his assumption as head of OREI, he was a professor at the University of Tokyo's Institute of Social Science, Japan. Kawai also worked as chief economist for the World Bank's East Asia and the Pacific Region from 1998 to 2001, and as deputy vice minister of finance for international affairs of Japan's Ministry of Finance from 2001 to 2003.

Über diese Auflage

• Verlag: Brookings Institution Press
• Erscheinungsdatum: 2015
• ISBN 10: 0815726112
• ISBN 13: 9780815726111
• Einband: Tapa blanda
• Anzahl der Seiten: 401
• Herausgeber: Eichengreen Barry