Format:
1 Online-Ressource (143 Seiten)
ISBN:
9781000618006
Series Statement:
China Finance 40 Forum Bks
Note:
Cover -- Half Title -- Series Information -- Title Page -- Copyright Page -- Table of Contents -- Figures -- Tables -- Preface -- 1 The Macroeconomic Impact of Foreign Exchange Intervention: Cross-Country Empirical Studies -- The Macroeconomic Impact of Foreign Exchange Intervention: Background and Methodology -- Cross-Country Empirical Findings -- FXI Responses and the Nominal Exchange Rate -- Responses of the Real Exchange Rate -- Direct Costs of FXI -- China Case Study and Conclusion -- The Significance of Exchange Rate Flexibility in the Context of the Three Exchange Rate Policy Adjustments in China and ... -- Notes -- References -- 2 Laying a Solid Foundation and Moving Toward a Free-Floating Exchange Rate Regime: A Successful Floating Exchange Rate ... -- Achieving Integration Between Floating Exchange Rates and Currency Stability -- Macro and Micro Conditions for Moving Toward a Floating RMB Regime -- Macroeconomic Vulnerability Assessment Approach -- Systemic Risk Tracker -- Mitigating Balance Sheet Effects When Implementing a Floating Exchange Rate Regime -- Overcoming the "Fear of Floating": Individual Countries' Experience -- Overcoming the "Fear of Exchange Rate Overshooting" -- Notes -- References -- 3 Further Developing the FX Derivatives Market and Allowing for a More Market-Based Regulatory Approach in China -- Why Is a Foreign Exchange Futures Market Needed? -- Empirical Study: "Stabilizer" Or "Risk Amplifier" -- Empirical Results and Main Findings -- Regulatory Design: Moving Toward a More Market-Based Approach -- Choice of Platforms for Establishing an FX Futures Market in China -- Notes -- References -- 4 Floating Exchange Rate and the Internationalization of the RMB -- Liberalizing the Capital Market Further -- Supporting Measures for Liberalizing the Capital Market -- Conclusion -- Notes -- References -- Epilogue
,
Appendix 1 Empirical Results and Robustness Checks: India, Russia, and South Africa -- India -- Russia -- South Africa -- Robustness Check -- Appendix 2 An Overview of the International Foreign Exchange Futures Market -- An Overview of the FX Derivatives Markets in the US and Japan -- Foreign Exchange Policies and the Foreign Exchange Futures Market in Brazil -- Characteristics of the Brazilian FX Derivatives Market -- An Overview of India's FX Futures Market -- Russia: Committing to a Floating Exchange Rate Regime and Capital Account Convertibility Despite Adverse External Environment -- Index
Additional Edition:
Erscheint auch als Druck-Ausgabe Jin, Zhongxia Renminbi from Marketization to Internationalization Milton : Taylor & Francis Group,c2022 ISBN 9781032305509
Language:
English
