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  • Book
  • © 2018

Currency Internationalization and Macro Financial Risk Control

Palgrave Macmillan
  • Forecasts the possible globalization of the RMB

  • Analyzes risks associated with the rise of the RMB

  • Explores the implications of the One Belt, One Road initiative for RMB internationalization

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Table of contents (10 chapters)

  1. Front Matter

    Pages i-xxii
  2. Internationalization Index of Renminbi

    • International Monetary Institute
    Pages 1-27
  3. Status Quo of Renminbi Internationalization

    • International Monetary Institute
    Pages 29-79
  4. Event of the Year: The RMB’s Inclusion into the SDR Basket

    • International Monetary Institute
    Pages 81-127
  5. Macro-Financial Risks of RMB Internationalization

    • International Monetary Institute
    Pages 129-153
  6. RMB Exchange Rate: Regimes and Policy Issues

    • International Monetary Institute
    Pages 155-188
  7. The Price Linkage and Risk Conduction of RMB Underlying Asset

    • International Monetary Institute
    Pages 189-210
  8. Bank Internationalization and Risk Prevention

    • International Monetary Institute
    Pages 211-241
  9. Conclusions and Proposals

    • International Monetary Institute
    Pages 333-349
  10. Back Matter

    Pages 351-426

About this book

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. 

Editors and Affiliations

  • Renmin University of China, Beijing, China

    International Monetary Institute

About the editor

The International Monetary Institute at Renmin University is China's foremost think-tank on issues of currency internationalization, currency flows, central banking, and related topics. Research at the think-tank is conducted collectively by fellows and associates.

Bibliographic Information

  • Book Title: Currency Internationalization and Macro Financial Risk Control

  • Editors: International Monetary Institute

  • DOI: https://doi.org/10.1007/978-981-13-0698-3

  • Publisher: Palgrave Macmillan Singapore

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd., part of Springer Nature 2018

  • Hardcover ISBN: 978-981-13-0697-6Published: 22 August 2018

  • Softcover ISBN: 978-981-13-4482-4Published: 30 January 2019

  • eBook ISBN: 978-981-13-0698-3Published: 10 August 2018

  • Edition Number: 1

  • Number of Pages: XXII, 426

  • Number of Illustrations: 93 b/w illustrations

  • Topics: Asian Economics, Globalization, Risk Management

Buy it now

Buying options

eBook USD 139.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 179.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 179.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access