{"product_id":"renminbi-from-marketization-to-internationalization-paperback","title":"Renminbi from Marketization to Internationalization - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eZhongxia Jin\u003c\/b\u003e (Author), \u003cb\u003eYue Zhao\u003c\/b\u003e (Author), \u003cb\u003eHaobin Wang\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis study looks into the significance 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.\u003c\/p\u003e\u003cp\u003eThe 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 the 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 the 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 exchange rate policy.\u003c\/p\u003e\u003cp\u003eThis book will be 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.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eZhongxia Jin\u003c\/strong\u003e has been executive director for China at the International Monetary Fund since 2015 and previously served as head of the Research Institute of the People's Bank of China. His areas of research cover international finance, monetary policy, international trade and investment, international economic governance, and RMB internationalization.\u003c\/p\u003e\u003cp\u003eYue Zhao currently works at the International Monetary Fund. Previously she was an economist at the People's Bank of China. Her areas of research include monetary policy, international finance, and financial regulation. \u003c\/p\u003e\u003cp\u003eHaobin Wang currently works at the Ministry of Finance of China. Previously he was an economist at the International Monetary Fund. His areas of research include monetary policy, international finance, and financial regulation. \u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 128\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.31 x 8.5 x 5.5 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e January 29, 2024\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":53376834044211,"sku":"9781032305516","price":53.96,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0300\/5595\/6612\/files\/7rFHUpglaE9781032305516.webp?v=1779310382","url":"https:\/\/www.vysn.com\/products\/renminbi-from-marketization-to-internationalization-paperback","provider":"VYSN","version":"1.0","type":"link"}