Cost-benefit Analysis of the Internationalization of the Renminbi

Ruogu Li

Chapter 21 in Reform of the International Monetary System and Internationalization of the Renminbi, 2015, pp 261-268 from World Scientific Publishing Co. Pte. Ltd.

Abstract: In recent years, there has been an ongoing debate on the internationalization of the renminbi — should the renminbi be internationalized, and, if so, how? This is because while China stands to gain from the renminbi's internationalization, it also needs to pay a cost.

Keywords: IMF; World Bank; Financial Crisis; International Monetary System; RMB; International Monetary System Reform; China; US; Dollar; Renminbi; Yuan; Currency; Exchange Rate (search for similar items in EconPapers)
JEL-codes: G10 (search for similar items in EconPapers)
Date: 2015
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