The Rise of the Renminbi in Asia: Cost-Benefit Analysis and Road Map
With the rise of China following its enhanced economic and trade relationship with the Asian economies and China's increasing importance in the world economy, the Chinese renminbi is becoming accepted in Asia and maybe by the whole world as a global currency. The rise of the renminbi is a double-edged sword: in order to eliminate the financial risks brought about by this process and maximize benefits, it is necessary for China to trade off between its costs and benefits. Internationalization of the renminbi requires a dynamic approach, involving a phased strategy for implementation, as well as corresponding policies.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 40 (2007)
Issue (Month): 4 (July)
|Contact details of provider:|| Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=110901|
When requesting a correction, please mention this item's handle: RePEc:mes:chinec:v:40:y:2007:i:4:p:29-43. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Nguyen)The email address of this maintainer does not seem to be valid anymore. Please ask Chris Nguyen to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.