首页|Prospects of Renminbi Internationalization:Benefits, Costs and Challenges
Prospects of Renminbi Internationalization:Benefits, Costs and Challenges
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AbstractThe current global demand for RMB might eventual y lead to an internationalization of the currency as China continues to position itself as a leader in the international markets.This paper analyzes the internationalization process;observing current and future measures and possible benefits and costs from an eventual emergence of the RMB as an international currency;while also considering the chal enges for the Chinese government, in particular those regarding exchange-rate intervention and access to its capital markets.
Monetary PolicyInternational FinanceRenminbi
Sebastian、Rendina
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hanghai University-School of Economics China shanghai 200000
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