Currency Internationalization and Macro Financial Risk Control

Business & Finance, Economics, Nonfiction, Social & Cultural Studies, Political Science
Cover of the book Currency Internationalization and Macro Financial Risk Control by , Springer Singapore
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Author: ISBN: 9789811306983
Publisher: Springer Singapore Publication: August 10, 2018
Imprint: Palgrave Macmillan Language: English
Author:
ISBN: 9789811306983
Publisher: Springer Singapore
Publication: August 10, 2018
Imprint: Palgrave Macmillan
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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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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