TY  - BOOK
AU  - Jin,Zhongxia
AU  - Zhao,Yue
AU  - Wang,Haobin
TI  - Renminbi from marketization to internationalization
T2  - China finance 40 forum books
SN  - 9781003305668
U1  - 332.4/951 
PY  - 2022///
CY  - Milton Park, Abingdon, Oxon, New York, NY
PB  - Routledge
KW  - Renminbi
KW  - China
KW  - Foreign exchange
KW  - BUSINESS & ECONOMICS / General
KW  - bisacsh
KW  - BUSINESS & ECONOMICS / Finance
KW  - BUSINESS & ECONOMICS / Foreign Exchange
KW  - Economic conditions
N1  - The macroeconomic impact of foreign exchange intervention: cross-country empirical studies -- Laying a solid foundation and moving toward a free floating exchange rate regime -- Further developing FX derivatives market and allowing for a more market-based regulatory approach in China -- Floating exchange rate and the internationalization of the RMB
N2  - "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"--
UR  - https://www.taylorfrancis.com/books/9781003305668
ER  -