The people's money: how China is building a global currency

Many of the world's major economies boast dominant international currencies. Not so for China. Its renminbi has lagged far behind the pound, the euro, and the dollar in global circulation—and for good reason. China has long privileged economic policies that have fueled development at the expens...

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Bibliographische Detailangaben
1. Verfasser: Subacchi, Paola 1962- (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: New York Columbia University Press [2017]
Schlagworte:
Zusammenfassung:Many of the world's major economies boast dominant international currencies. Not so for China. Its renminbi has lagged far behind the pound, the euro, and the dollar in global circulation—and for good reason. China has long privileged economic policies that have fueled development at the expense of the renminbi's growth, and it has become clear that the underpowered currency is threatening China's future. The nation's leaders now face the daunting task of strengthening the currency without losing control of the nation's economy or risking total collapse. How are they approaching this challenge
Beschreibung:xii, 237 Seiten
ISBN:9780231173469