000845905 000__ 05301cam\a2200553Mi\4500 000845905 001__ 845905 000845905 005__ 20230306144947.0 000845905 006__ m\\\\\o\\d\\\\\\\\ 000845905 007__ cr\cn\nnnunnun 000845905 008__ 180908s2018\\\\si\\\\\\ob\\\\000\0\eng\d 000845905 019__ $$a1050654207 000845905 020__ $$a9789811308000$$qelectronic book 000845905 020__ $$a9811308004$$qelectronic book 000845905 020__ $$z9811307997 000845905 020__ $$z9789811307997 000845905 035__ $$aSP(OCoLC)on1051138776 000845905 035__ $$aSP(OCoLC)1051138776$$z(OCoLC)1050654207 000845905 040__ $$aEBLCP$$beng$$erda$$cEBLCP$$dYDX$$dN$T$$dYDX$$dNLE$$dUAB 000845905 043__ $$aa-cc--- 000845905 049__ $$aISEA 000845905 050_4 $$aHG1285$$b.C36 2018 000845905 08204 $$a332.4/951$$223 000845905 1001_ $$aCao, Yuanzheng,$$eauthor. 000845905 24510 $$aStrategies for internationalizing the Renminbi /$$cYuanzheng Cao. 000845905 264_1 $$aSingapore :$$bSpringer,$$c[2018] 000845905 300__ $$a1 online resource (xxxi, 213 pages) 000845905 336__ $$atext$$btxt$$2rdacontent 000845905 337__ $$acomputer$$bc$$2rdamedia 000845905 338__ $$aonline resource$$bcr$$2rdacarrier 000845905 4901_ $$aResearch Series on the Chinese Dream and China's Development Path 000845905 500__ $$a4.2 Limitations of Corner Solutions to the "Impossible Trinity," as Well as Non-corner Solutions in the Trilemma 000845905 504__ $$aIncludes bibliographical references. 000845905 5050_ $$aIntro; Foreword; A New Historical Starting Point for National Development; Series Preface; Preface; Acknowledgements; Contents; Introduction; Reasons for the RMB's overseas application in East Asia; The Special Path of Internationalizing the RMB and its Impacts on East Asia; The Special Path Taken by the RMB Toward International Applicability and its Corresponding Significance for China's Economic and Financial Development; The International Application of the RMB Further Facilitates Intra-regional Cooperation Among East Asian Economies 000845905 5058_ $$a1 Monetary Systems and the International Monetary System: Evolution and Reform1.1 Money and the Monetary System: Evolution; 1.2 The International Monetary System: Formation and Evolution; 1.2.1 An International Monetary System with Precious Metals as the Standard Foundation; 1.2.2 The Fiat System; 1.3 Dilemma Facing the International Monetary System and a Request for Reform; 1.4 Choosing Which Direction the Reformation of the International Monetary System Will Take; 1.4.1 The Establishment of a Super-Sovereign Currency; 1.4.2 Regional Currency 000845905 5058_ $$a1.4.3 The Internationalization of Multiple Sovereign Currencies2 The Internationalization of the RMB: Origins and Challenges; 2.1 The Internationalization of the RMB Is the Necessary Outcome of Rebalancing the Global Economy; 2.2 The Internationalization of the RMB Begins Under Specific Conditions; 2.3 The Progress of the RMB's Internationalization; 2.4 The Internationalization of the RMB Challenges the Financial System in China; 2.4.1 The Full Convertibility of the RMB; 2.4.2 A Mechanism for Forming the RMB's Deficit; 2.4.3 A Sophisticated Financial Market 000845905 5058_ $$a2.4.4 The Independence of the Monetary Policy3 Experiences of Internationalizing Sovereign Currencies and Lessons Learnt in the Process; 3.1 The Formation of the Balance of Payments Surplus and Deficit, as Well as the Issue of Circulation-Experiences of the Deutschmark and the Japanese Yen as Well as Lessons Learnt; 3.1.1 The Internationalization of the Deutschmark; 3.1.2 The Internationalization of the Japanese Yen; 3.1.3 Common Points Between the Internationalization of the Deutschmark and the Japanese Yen 000845905 5058_ $$a3.1.4 Divergences in the Process of Internationalizing the Deutschmark and the Japanese Yen3.2 Opening the Capital Account-A Traditional Difficulty Faced by Developing Countries; 3.3 Monetary Policies-The Different Choices of Developed Countries and Developing Countries; 3.4 Exchange Rate or Interest Rate-Lessons Learnt from the Monetary Policies of Developed and Developing Countries; 4 Selecting a Path for RMB's Internationalization; 4.1 Corner Solutions to the "Impossible Trinity" 000845905 506__ $$aAccess limited to authorized users. 000845905 520__ $$a"This book presents the theoretical framework for the evolution of the international monetary system and the internationalization of the RMB. Combining theoretical research and empirical study, it then provides an in-depth analysis of the relevant issues from multiple perspectives based on this framework. Written by former chief economist at the Bank of China, this book explains the "two-step strategy" from the capital account opening to the full convertibility of the RMB, it also analyzes the status and functions of the HK offshore financial market in internationalizing the RMB."--$$cProvided by publisher. 000845905 588__ $$aDescription based on online resource; title from digital title page (viewed on September 18, 2018). 000845905 650_0 $$aMonetary policy$$zChina. 000845905 650_0 $$aRenminbi. 000845905 650_0 $$aInternational finance. 000845905 77608 $$iPrint version:$$aCao, Yuanzheng$$tStrategies for Internationalizing the Renminbi$$dSingapore : Springer,c2018$$z9789811307997 000845905 830_0 $$aResearch series on the Chinese dream and China's development path. 000845905 852__ $$bebk 000845905 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-981-13-0800-0$$zOnline Access$$91397441.1 000845905 909CO $$ooai:library.usi.edu:845905$$pGLOBAL_SET 000845905 980__ $$aEBOOK 000845905 980__ $$aBIB 000845905 982__ $$aEbook 000845905 983__ $$aOnline 000845905 994__ $$a92$$bISE