{"product_id":"renminbi-from-marketization-to-internationalization-9781032305516","title":"Renminbi from Marketization to Internationalization","description":"\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003eThis study examines the importance of a floating exchange rate regime, further development of the foreign exchange derivatives market, and concurrent internationalization of the Renminbi (RMB) for a resilient, open, and growing Chinese economy. It analyzes the macroeconomic impact of foreign exchange intervention, discusses the conditions for a successful transition to a floating exchange rate, and explores the importance of further developing the foreign exchange derivatives market and internationalization of the RMB. \u003c\/blockquote\u003e\u003cp\u003e\u003cstrong\u003eFormat\u003c\/strong\u003e: Paperback \/ softback\u003cbr\u003e\u003cstrong\u003eLength\u003c\/strong\u003e: 128 pages\u003cbr\u003e\u003cstrong\u003ePublication date\u003c\/strong\u003e: 29 January 2024\u003cbr\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: Taylor \u0026amp; Francis Ltd\u003cbr\u003e\u003c\/p\u003e \u003cp\u003e\u003cbr\u003eThe significance of a floating exchange rate regime, the further development of the foreign exchange derivatives market, and the concurrent internationalization of the Renminbi (RMB) for a resilient, open, and growing Chinese economy are explored in this comprehensive study. \u003cbr\u003e\u003cbr\u003eChapter 1 delves into the macroeconomic impact of foreign exchange intervention, based on empirical studies on 26 economies. It sheds light on why most countries favor a floating exchange rate regime under the existing international monetary system. The chapter also discusses the macroeconomic and microeconomic conditions that would facilitate a successful transition to a floating exchange rate. \u003cbr\u003e\u003cbr\u003eChapter 2 explores the importance of further developing the foreign exchange derivatives market in China, considering the challenges and opportunities. It discusses paths toward\u003cbr\u003e\u003cbr\u003eChapter 2 explores the importance of further developing the foreign exchange derivatives market in China, considering the challenges and opportunities. It discusses paths toward the further opening-up of the capital market and internationalization of the RMB under a floating exchange rate. \u003cbr\u003e\u003cbr\u003eChapter 3 delves into the decades of reflections and systematic analysis on real cases both in China and abroad by the authors, shedding lights on China's exchange rate issues and research on exchange rate policy. \u003cbr\u003e\u003cbr\u003eThis book is an essential reference for scholars, students, professionals, and policymakers interested in exchange rate, currency internationalization, the financial market, especially the derivatives market, and the Chinese economy. It provides valuable insights and perspectives on these critical topics, contributing to the ongoing discussion and development of economic policies in China and beyond.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eWeight\u003c\/strong\u003e: 190g\u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 138 x 217 x 10 (mm)\u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9781032305516\u003c\/p\u003e","brand":"Zhongxia Jin,Yue Zhao,Haobin Wang","offers":[{"title":"Paperback \/ softback","offer_id":45179385970938,"sku":"9781032305516","price":19.98,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/products\/noImage_1_e81a773d-83be-412e-a2f1-c5c594ff324e.jpg?v=1707752912","url":"https:\/\/shulphink.com\/products\/renminbi-from-marketization-to-internationalization-9781032305516","provider":"Shulph Ink","version":"1.0","type":"link"}