UID:
almahu_9949385650602882
Format:
1 online resource.
ISBN:
9781003305668
,
1003305660
,
9781000617979
,
1000617971
Series Statement:
China finance 40 forum books
Content:
"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"--
Additional Edition:
Print version: Jin, Zhongxia. Renminbi from marketization to internationalization Milton Park, Abingdon, Oxon ; New York, NY : Routledge, 2022 ISBN 9781032305509
Language:
English
Keywords:
Electronic books.
URL:
https://www.taylorfrancis.com/books/9781003305668
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