Is The Renminbi A Safe Haven
DOWNLOAD
Download Is The Renminbi A Safe Haven PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Is The Renminbi A Safe Haven book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Is The Renminbi A Safe Haven
DOWNLOAD
Author : Rasmus Fatum
language : en
Publisher:
Release Date : 2016
Is The Renminbi A Safe Haven written by Rasmus Fatum and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Is The Renminbi A Safe Haven
DOWNLOAD
Author : Rasmus Fatum
language : en
Publisher:
Release Date : 2016
Is The Renminbi A Safe Haven written by Rasmus Fatum and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Safe Haven Currency And Market Uncertainty
DOWNLOAD
Author : Yuki Masujima
language : en
Publisher:
Release Date : 2017
Safe Haven Currency And Market Uncertainty written by Yuki Masujima and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
Is China S Currency Increasingly Important
DOWNLOAD
Author : Yinggang Zhou
language : en
Publisher: Springer Nature
Release Date :
Is China S Currency Increasingly Important written by Yinggang Zhou and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Gaining Currency
DOWNLOAD
Author : Eswar Prasad
language : en
Publisher: Oxford University Press
Release Date : 2017
Gaining Currency written by Eswar Prasad and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Business & Economics categories.
China's currency, the renminbi, has taken the world by storm. This book documents the renminbi's impressive rise to global prominence in a short period but also shows how much further it has to go before becoming a major international currency. The hype about its inevitable ascendance to global dominance is overblown.
The Curious Case Of The Yen As A Safe Haven Currency
DOWNLOAD
Author : Mr.Dennis P. J. Botman
language : en
Publisher: International Monetary Fund
Release Date : 2013-11-06
The Curious Case Of The Yen As A Safe Haven Currency written by Mr.Dennis P. J. Botman and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-06 with Business & Economics categories.
During risk-off episodes, the yen is a safe haven currency and on average appreciates against the U.S. dollar. We investigate the proximate causes of yen risk-off appreciations. We find that neither capital inflows nor expectations of the future monetary policy stance can explain the yen’s safe haven behavior. In contrast, we find evidence that changes in market participants’ risk perceptions trigger derivatives trading, which in turn lead to changes in the spot exchange rate without capital flows. Specifically, we find that risk-off episodes coincide with forward hedging and reduced net short positions or a buildup of net long positions in yen. These empirical findings suggest that offshore and complex financial transactions should be part of spillover analyses and that the effectiveness of capital flow management measures or monetary policy coordination to address excessive exchange rate volatility might be limited in certain cases.
One Currency Two Markets
DOWNLOAD
Author : Edwin L.-C. Lai
language : en
Publisher: Cambridge University Press
Release Date : 2021-07-08
One Currency Two Markets written by Edwin L.-C. Lai and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-08 with Business & Economics categories.
Economic analysis of the future of the international monetary system and the USD, and the rising importance of the RMB.
The Dollar Trap
DOWNLOAD
Author : Eswar S. Prasad
language : en
Publisher: Princeton University Press
Release Date : 2015-08-25
The Dollar Trap written by Eswar S. Prasad and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-25 with Business & Economics categories.
Why the dollar is—and will remain—the dominant global currency The U.S. dollar's dominance seems under threat. The near collapse of the U.S. financial system in 2008–2009, political paralysis that has blocked effective policymaking, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollar’s looming displacement as the main reserve currency. Yet, as The Dollar Trap powerfully argues, the financial crisis, a dysfunctional international monetary system, and U.S. policies have paradoxically strengthened the dollar’s importance. Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will remain the cornerstone of global finance for the foreseeable future. Marshaling a range of arguments and data, and drawing on the latest research, Prasad shows why it will be difficult to dislodge the dollar-centric system. With vast amounts of foreign financial capital locked up in dollar assets, including U.S. government securities, other countries now have a strong incentive to prevent a dollar crash. Prasad takes the reader through key contemporary issues in international finance—including the growing economic influence of emerging markets, the currency wars, the complexities of the China-U.S. relationship, and the role of institutions like the International Monetary Fund—and offers new ideas for fixing the flawed monetary system. Readers are also given a rare look into some of the intrigue and backdoor scheming in the corridors of international finance. The Dollar Trap offers a panoramic analysis of the fragile state of global finance and makes a compelling case that, despite all its flaws, the dollar will remain the ultimate safe-haven currency.
China S Challenges In Moving Towards A High Income Economy
DOWNLOAD
Author : Ligang Song
language : en
Publisher: ANU Press
Release Date : 2021-09-02
China S Challenges In Moving Towards A High Income Economy written by Ligang Song and has been published by ANU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-02 with Business & Economics categories.
With its per capita income surpassing US$10,000, China has now drawn up ambitious plans to further lift its income to the level of developed countries. Yet various constraints need to be overcome if China is to build on the achievements of the last 40 years and further boost its growth potential. Besides these constraints, the year 2020 saw human societies hit heavily by the COVID-19 pandemic and the global economy caught off guard and dipped into recessions caused by lockdown measures for controlling the spread of the pandemic. Nations around the world have experienced grave loss of human life and lockdown measures have knocked economies from their normal growth trajectories. Even as the pandemic continues to unfold, all signs point to China as being the first major economy to have emerged out of the crisis. But many questions remain. Has the Chinese economy emerged from the pandemic crisis relatively unscathed? What are the long-term prospects for its economy? This year’s Update book, China’s Challenges in Moving towards a High-income Economy, explores the challenges faced by the Chinese economy in the transition towards a high-income economy, including agricultural development, finance and fiscal system reform, RMB internationalisation, trends in urbanisation, as well as topics related to innovation, corporate sector development and market competition. China’s growth experience has been full of exciting changes and important lessons for reform and structural changes, and this year’s China Update is again the way to gain insights into these.
Renminbi Internationalization
DOWNLOAD
Author : Barry Eichengreen
language : en
Publisher: Brookings Institution Press
Release Date : 2015-02-11
Renminbi Internationalization written by Barry Eichengreen and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-11 with Political Science categories.
A Brookings Institution Press and Asian Development Bank Institute publication Meet the next global currency: the Chinese renminbi, or the "redback." Following the global financial crisis of 2008, China's major monetary policy objective is the internationalization of the renminbi, that is, to create an inter-national role for its currency akin to the international role currently played by the U.S. dollar. Renminbi internationalization is a hot topic, for good reason. It is, essentially, a window onto the Chinese government's aspirations and the larger process of economic and financial transformation. Making the renminbi a global currency requires rebalancing the Chinese economy, developing the country's financial markets and opening them to the rest of the world, and moving to a more flexible exchange rate. In other words, the internationalization of the renminbi is a monetary and financial issue with much broader supra-monetary and financial implications. This book offers a new perspective on the larger issues of economic, financial, and institutional change in what will eventually be the world's largest economy.