The RMB in the global economy / Yin-Wong Cheung, University of California.
Material type:
TextSeries: Cambridge elements in international economicsPublisher: Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2022Description: 70 illISBN: 9781009236423Subject(s): Renminbi | Foreign exchangeDDC classification: | Item type | Current library | Call number | Status | Date due | Barcode |
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Gabriel Afolabi Ojo Central Library (Headquarters). | HG1285 .C44 2022 (Browse shelf(Opens below)) | Available | 0187430 | |
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Books
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Gabriel Afolabi Ojo Central Library (Headquarters). | HG1285 .C44 2022 (Browse shelf(Opens below)) | Available | 0187431 | |
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Books
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Gabriel Afolabi Ojo Central Library (Headquarters). | HG1285 .C44 2022 (Browse shelf(Opens below)) | Available | 0187432 |
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| HG377. L86 2022 Management of foreign exchange risk : evidence from developing economies / | HG377. L86 2022 Management of foreign exchange risk : evidence from developing economies / | HG377. L86 2022 Management of foreign exchange risk : evidence from developing economies / | HG1285 .C44 2022 The RMB in the global economy / | HG1285 .C44 2022 The RMB in the global economy / | HG1285 .C44 2022 The RMB in the global economy / | HG1510 .P45 2023 The dual nature of multilateral development banks balancing development and financial logics |
Introduction -- Background -- RMB Misalignment -- RMB Internationalization -- Current Status -- Geopolitics -- Concluding Remarks.
"This Element discusses the global role of the RMB. After recapitulating its economic and trade growth experiences, we recount China's evolving exchange rate policy in the post-reform era, review the debate over whether the RMB is overvalued or undervalued, present China's policies to globalize the RMB, describe offshore RMB trading, assess the current global status of the RMB, and discuss geopolitical tensions in the last few years. Since 2009, the process of globalizing RMB has not been smooth sailing and progressed quite unevenly over time. Despite the strong performance in the early 2010s, the RMB is underrepresented in the global market and its global role does not match China's economic might. The path of RMB internationalization is affected by both China's economic performance and geopolitical factors"--
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