Renminbi from marketization to internationalization / Zhongxia Jin, Yue Zhao, and Haobin Wang.
| Author/creator | Jin, Zhongxia |
| Other author | Zhao, Yue, 1988- |
| Other author | Wang, Haobin, 1990- |
| Format | Electronic |
| Publication Info | London ; New York : Routledge, Taylor & Francis Group, 2022. |
| Description | xiii, 128 pages : illustrations (black and white) ; 22 cm. |
| Supplemental Content | Full text available from Taylor & Francis eBooks |
| Supplemental Content | Full text available from eBooks on EBSCOhost |
| Subjects |
| Series | China finance 40 forum books |
| Contents | The macroeconomic impact of foreign exchange intervention: cross-country empirical studies -- Laying a solid foundation and moving toward a free floating exchange rate regime -- Further developing FX derivatives market and allowing for a more market-based regulatory approach in China -- Floating exchange rate and the internationalization of the RMB. |
| Abstract | "This study looks into the significance of a floating exchange rate regime, further development of foreign exchange derivatives market, and concurrent internationalization of the Renminbi (RMB) for a resilient, open, and growing Chinese economy. The first chapter analyzes the macroeconomic impact of foreign exchange intervention based on empirical studies on 26 economies, explaining why most countries favor a floating exchange rate regime under the existing international monetary system. The second chapter discusses the macroeconomic and microeconomic conditions that would facilitate a successful transition to a floating exchange rate. The final two chapters discuss the importance of further developing foreign exchange derivatives market in China and explores paths toward further opening-up of the capital market and internationalization of the RMB under a floating exchange rate. Based on authors' decades of reflections and systematic analysis on real cases both in China and abroad, the title sheds lights on China's exchange rate issues and research on the exchange rate policy. This book will be an essential reference for scholars, students, professionals, and policymakers interested in exchange rate, currency internationalization, financial market, especially derivatives market, and Chinese economy"-- Provided by publisher. |
| Bibliography note | Includes bibliographical references and index. |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| LCCN | 2022003508 |
| ISBN | 9781032305509 (hardback) |
| ISBN | 9781032305516 (paperback) |
| ISBN | (ebook) |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | ✔ Available |