Impacts of Science and Technology on Currency Internationalization

Peter Guangping Zhang
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Peter Guangping Zhang: Shanghai Bureau of China Banking and Insurance Regulatory Commission, China

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: For decades, science and technology (sci-tech) have influenced world trade, world economy, and international finance. However, their specific impacts are seldom known and related empirical studies are rare. Thus, we must quantify and empirically explore how sci-tech influences such areas as mentioned above. The purpose of this book is to explore how sci-tech influences world trade, foreign exchange, and currency internationalization in various ways through first quantifying science & technology. This book empirically explores how major world currencies might change their relative international positions with continuous innovation and diffusion of sci-tech.

Keywords: Science and Technology Internationalization; Science and Technology Originality Capability; Currency Internationalization; International Reserves; International Patents; Offshore CNY Centers; Offshore CNY Markets; Major Currency Issuers (search for similar items in EconPapers)
JEL-codes: E4 O3 (search for similar items in EconPapers)
Date: 2023
ISBN: 9789811254086
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