The rise of the renminbi (RMB) as a key currency in international financial markets has been fast. It reflects China … and investment as well as, ultimately, as a reserve currency. First, however, one should clarify what is actually meant by … "internationalisation" of a currency. This paper analyses the various distinct areas in which that process unfolds. The internationalisation …

goes global -- Reserve currency -- The mirage of safety -- Could China stumble? -- Rising global influence -- Conclusion …Preface -- A historical prologue -- Currency concepts -- Capital account opening -- The exchange rate regime -- The RMB …

Sieren ist einem breiten, an Asien interessierten Publikum durch mehrere China-Bücher bekannt. Hier beschäftigt er sich … klar, dass der Yuan die globale Leitwährung werden kann. Rezension (ekz): Sieren lebt seit fast 2 Jahrzehnten in China … etwa: "Der China Code", "Der China Schock", sowie "Angst vor China"). In diesem Buch beschäftigt er sich mit der …

of growth and distribution in these economies. The recent experiences of China and India, with their deregulated … advanced economies) but also forced the high-growth developing economies like India and China into a state of compliance, where …