Gaining Currency: The Rise of the Renminbi

Gaining Currency: The Rise of the Renminbi

by Eswar S. Prasad

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Product Details

ISBN-13: 9780190631055
Publisher: Oxford University Press
Publication date: 10/11/2016
Pages: 344
Sales rank: 683,362
Product dimensions: 6.10(w) x 9.30(h) x 1.40(d)

About the Author

Eswar S. Prasad, Tolani Senior Professor of Trade Policy in the Dyson School at Cornell University, holds the New Century Chair in International Economics at the Brookings Institution and is a research associate at the National Bureau of Economic Research. He is a former head of the IMF's China Division and author of The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance.

Table of Contents

1. A Historical Prologue

2. Currency Concepts

3. Capital Account Opening

4. The Exchange Rate Regime

5. Promoting International Use of the Currency

6. Reserve Currency

7. The Mirage of Safety

8. Could China Stumble?

9. Rising Global Influence

10. Endnote

Appendix A: Implications of the RMB's Rise for the U.S.

Appendix B: Data Tables

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