Renminbi Internationalization: Achievements, Prospects, and Challenges

Author: Masahiro Kawai Barry Eichengreen
Publisher: Asian Development Bank
Category: Politics & Government, Monetary Economics, Monetary Economics, Economic Growth, Economic Growth, International Finance, International Finance, Political Economy, Political Economy, Business Innovation
Age Group: 15+
Book Format: Paperback

Renminbi internationalization is a hot topic, for good reason. It is, essentially, a window onto the Chinese government's aspirations and the larger process of economic and financial transformation. Making the renminbi a global currency requires rebalancing the Chinese economy, developing the country's financial markets and opening them to the rest of the world, and moving to a more flexible exchange rate. In other words, the internationalization of the renminbi is a monetary and financial issue with much broader supra-monetary and financial implications.

About Barry Eichengreen
Barry Eichengreen is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California - Berkeley, USA. His books include The European Economy since 1945 (Princeton, 2007) and Global Imbalances: The Lessons of Bretton Woods (MIT, 2006).
Masahiro Kawai is dean of the Asian Development Bank Institute. He joined ADBI in January 2007 after serving as head of ADB's Office of Regional Economic Integration (OREI) and Special Advisor to the ADB President in charge of regional economic cooperation and integration. Before his assumption as head of OREI, he was a professor at the University of Tokyo's Institute of Social Science, Japan. Kawai also worked as chief economist for the World Bank's East Asia and the Pacific Region from 1998 to 2001, and as deputy vice minister of finance for international affairs of Japan's Ministry of Finance from 2001 to 2003.


SKU BK-9780815726111
Barcode # 9780815726111
Brand Asian Development Bank
Artist / Author Masahiro Kawai Barry Eichengreen
Shipping Weight 0.6200kg
Shipping Width 0.176m
Shipping Height 0.024m
Shipping Length 0.231m

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