{"product_id":"renminbi-from-marketization-to-internationalization-zhongxia-jin-9781032305509","title":"Renminbi from Marketization to Internationalization","description":"\u003cp\u003eThis study looks into the significance of a floating exchange rate regime, further development of the foreign exchange derivatives market, and concurrent internationalization of the Renminbi (RMB) for a resilient, open, and growing Chinese economy.\u003c\/p\u003e\u003cp\u003eThe first chapter analyzes the macroeconomic impact of foreign exchange intervention based on empirical studies on 26 economies, explaining why most countries favor a floating exchange rate regime under the existing international monetary system. The second chapter discusses the macroeconomic and microeconomic conditions that would facilitate a successful transition to a floating exchange rate. The final two chapters discuss the importance of further developing the foreign exchange derivatives market in China and explores paths toward further opening-up of the capital market and internationalization of the RMB under a floating exchange rate. Based on the authors' decades of reflections and systematic analysis on real cases both in China and abroad, the title sheds lights on China's exchange rate issues and research on exchange rate policy.\u003c\/p\u003e\u003cp\u003eThis book will be an essential reference for scholars, students, professionals, and policymakers interested in exchange rate, currency internationalization, the financial market, especially the derivatives market, and the Chinese economy.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Zhongxia Jin,Yue Zhao,Haobin Wang\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1032305509\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781032305509\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Routledge\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 05\/13\/2022\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 128\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.69lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.50h x 5.50w x 0.38d","brand":"Zhongxia Jin","offers":[{"title":"Hardcover","offer_id":48621864386815,"sku":"9781032305509","price":72.99,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/renminbi-from-marketization-to-internationalization-zhongxia-jin-9781032305509","provider":"WR Book House","version":"1.0","type":"link"}