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Currency Internationalization and Macro Financial Risk Control

Currency Internationalization and Macro Financial Risk Control

Paperback

Business GeneralEconomicsGeneral Political Science

ISBN10: 9811344825
ISBN13: 9789811344824
Publisher: Palgrave MacMillan
Published: Jan 30 2019
Pages: 426
Weight: 1.17
Height: 0.91 Width: 5.83 Depth: 8.27
Language: English
This book collects expert opinions, research, and risk assessments from within the Chinese financial policy establishment on prospects for the internationalization of the renminbi as a reserve currency around the world. As China's economy diversifies in the acquisition of global assets, the renminbi may partially displace the dollar or yen as a reserve currency, with unpredictable and profound potential consequences. This book, presenting for the first time in English, the Chinese perspective on the internationalization of the Chinese currency will be of great value to central bankers, financiers, and students of international finance.

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