Renminbi from Marketization to Internationalization

Language: English

Published by Routledge, 2024

1032305517 / 9781032305516

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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nach der Bestellung gedruckt Neuware - Printed after ordering - This study looks into the significance of a floating exchange rate regime, further development of the 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 the 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 theauthors' 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 exchange rate policy.This book will be an essential reference for scholars, students, professionals, and policymakers interested in exchange rate, currency internationalization, the financial market, especially the derivatives market, and theChinese economy.

Seller Inventory # 9781032305516

Title
Renminbi from Marketization to Internationalization
Author
Haobin Wang
Publisher
Routledge
Publication year
2024
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
1032305517
ISBN 13
9781032305516
Item weight
191 grams
Dimensions
216x140x8 mm

AHA-BUCH GmbH

Einbeck, Germany

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AbeBooks seller since August 14, 2006

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