Analysis of Comparison between the Internationalization of RMB and Other Currencies

Xu, Xiangtong (2017) Analysis of Comparison between the Internationalization of RMB and Other Currencies. MA/MSc thesis, BCE Társadalomtudományi és Nemzetközi Kapcsolatok Kar, Világgazdasági Intézet. Szabadon elérhető változat:

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In the recent 30 years, with the sustainable and rapid growth of China's national economy, the RMB has begun to integrate into the world monetary and financial system. In 2016, the RMB officially joined the SDR and became international currency following US dollars and Euro. This paper aims to analyze three important steps of RMB integration, RMB regionalization and eventually RMB internationalization based on theoretical monetary model which includes currency substitution theory, Mundell monetary theory and impossible trinity, and practical analysis of three key currencies. However, it also can’t be neglected that the possible challenging situations that Chinese government will face in the process of RMB internationalization.

Item Type:MA/MSc thesis
Uncontrolled Keywords:RMB internationalization, Mundell Monetary theory, Construction of offshore market, Reform of the financial system
International economics
ID Code:10519
Specialisation:International Economy and Business
Deposited On:06 Feb 2018 10:13
Last Modified:02 Dec 2021 11:57

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