000 03377nam a2200409 i 4500
005 20250919011723.0
008 160407s20132013enka 000 0 eng
020 _a9781137346247
_qhardback
_cRM374.79
020 _a1137346248
_qhardback
039 9 _a201606301500
_basrul
_c201606281004
_dbaiti
_c201606201154
_dhamudah
_y04-07-2016
_zhamudah
040 _aDLC
_beng
_cDLC
_erda
_dDLC
_dUKM
_erda
043 _aa-cc---
090 _aHG1285.L637
090 _aHG1285
_b.L637
100 1 _aLo, Chi,
_d1960-
_eauthor.
245 1 4 _aThe renminbi rises :
_bmyths, hypes and realities of RMB internationalisation and reforms in the post-crisis world /
_cChi Lo.
264 1 _aHoundmills, Basingstoke, Hampshire :
_bPalgrave Macmillan,
_c2013.
264 4 _c©2013.
300 _axvii, 193 pages :
_billustrations ;
_c23 cm.
336 _atext
_2rdacontent
337 _aunmediated
_2rdamedia
338 _avolume
_2rdacarrier
504 _aIncludes bibliographical references (pages 186-189) and index.
505 8 _aMachine generated contents note: -- 1. Renminibi Shakes up Global Currencies -- 2. A Not So Mighty Yuan -- 3. From Money to RMB-nisation -- 4. Trade is Not Enough -- 5. The Next Steps for Internationalisation -- 6. China Ready for a Globalised RMB? -- 7. Creeping Reforms Raise Systemic Risk -- 8. RMB-nisation Needs Offshore Market -- 9. RMB the Third Major Reserve Currency -- 10. The Reality Behind RMB-nisation.
520 _a'Until recently the world has been relying on the US dollar and the Euro to lubricate the flow of global trade and finance. A newcomer, the Renminbi (RMB) or Chinese Yuan, joined the global monetary system in 2000. The rise of the RMB is both an indicator and a result of the evolution in the global macro landscape that shifts economic weight from the developed markets, led by Europe, Japan and the US, to the emerging markets, led by China.Research on RMB internationalisation is difficult because events have been unfolding fast, with frequent shifting regulations. Most financial market research is sales-driven, shallow and without serious investigation into the structural underpinning of events. Most crucially, there has been insufficient systematic research on the structural realities behind the RMB internationalisation exercise. No-one has openly questioned the credibility of the RMB as an international currency. This is the first book to address these issues by focusing on the structural factors behind the rise of the RMB. It uses a critical approach, questioning conventional wisdom and the status quo to anslyse China's currency ambition in the post-subprime world. Discussions combine rigorous research thoughts, data, facts and economic logic with real world issues to elaborate on the arguments and make them reader-friendly.'--
_cProvided by publisher.
650 0 _aRenminbi.
650 0 _aMoney
_zChina.
650 0 _aInternational finance.
907 _a.b16304494
_b2019-11-12
_c2019-11-12
942 _c01
_n0
_kHG1285.L637
914 _avtls003603833
990 _abety
991 _aFakulti Sains Sosial dan Kemanusiaan
998 _at
_b2016-07-04
_cm
_da
_feng
_genk
_y0
_z.b16304494
999 _c608000
_d608000