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The Peoples Money: How China Is Building a Global Currency
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eBay item number:225363308750
Item specifics
- Condition
- Book Title
- The Peoples Money: How China Is Building a Global Currency
- ISBN
- 9780231173476
- Subject Area
- Business & Economics
- Publication Name
- People's Money : How China Is Building a Global Currency
- Item Length
- 0.9 in
- Publisher
- Columbia University Press
- Subject
- Foreign Exchange, Economic History, Accounting / Financial, Finance / General, Commerce, Development / Business Development, Money & Monetary Policy
- Publication Year
- 2018
- Type
- Textbook
- Format
- Trade Paperback
- Language
- English
- Item Height
- 0.1 in
- Item Width
- 0.6 in
- Item Weight
- 11.4 Oz
- Number of Pages
- 256 Pages
About this product
Product Information
Many of the world's major economies boast dominant international currencies. Not so for China. Its renminbi has lagged far behind the pound, the euro, and the dollar in global circulation--and for good reason. China has long privileged economic policies that have fueled development at the expense of the renminbi's growth, and it has become clear that the underpowered currency is threatening China's future. The nation's leaders now face the daunting task of strengthening the currency without losing control of the nation's economy or risking total collapse. How are they approaching this challenge? In The People's Money , Paola Subacchi introduces readers to China's monetary system, mapping its evolution over the past century and, particularly, its transformation since Deng Xiaoping took power in 1978. Subacchi revisits the policies that fostered the country's economic rise while at the same time purposefully creating a currency of little use beyond China's borders. She shows the key to understanding China's economic predicament lies in past and future strategies for the renminbi. The financial turbulence following the global crisis of 2008, coupled with China's ambitions as a global creditor and chief economic power, has forced the nation to reckon with the limited international circulation of the renminbi. Increasing the currency's reach will play a major role in securing China's future.
Product Identifiers
Publisher
Columbia University Press
ISBN-10
0231173474
ISBN-13
9780231173476
eBay Product ID (ePID)
242553635
Product Key Features
Publication Name
People's Money : How China Is Building a Global Currency
Format
Trade Paperback
Language
English
Subject
Foreign Exchange, Economic History, Accounting / Financial, Finance / General, Commerce, Development / Business Development, Money & Monetary Policy
Publication Year
2018
Type
Textbook
Subject Area
Business & Economics
Number of Pages
256 Pages
Dimensions
Item Length
0.9 in
Item Height
0.1 in
Item Width
0.6 in
Item Weight
11.4 Oz
Additional Product Features
Intended Audience
Scholarly & Professional
Lc Classification Number
Hg3978.S83 2017
Reviews
Insightful.... The People's Money offers a rich, accessible and much needed account of the workings of China's opaque banking and financial systems.... It is filled with interesting evidence., This illuminating volume by economist Paola Subacchi provides an excellent overview of the past and future prospects of the Renminbi--the People's money., China's attempt to create an international role for its currency, the renminbi, speaks to its geopolitical ambitions, financial reform efforts, and economic growth prospects alike. In this important book, Paola Subacchi uses renminbi internationalization as a window onto these larger questions about China's economic, financial, and political future. Her analysis is engaging and accessible; it will appeal to specialists and nonspecialists alike., A clear overview of the history and the issues, both in general and those facing Chinese policy-makers in particular., Paola Subacchi clearly had access to a remarkable depth and breadth of people in writing this book, and the insights she has drawn from those conversations and from her experience with this key topic make this well worth reading for anyone interested in understanding the history of the renminbi--and its possible future., The book is extremely readable and provides an informative overview about the topic, including contemporary historical background., The People's Money may be the most detailed and comprehensive English-language account so far of China's efforts to pursue the internationalization of the renminbi. In this balanced and deeply-informed narrative, Paola Subacchi details the progress made--and the problems encountered--as the Chinese leadership strives to increase the global appeal of the renminbi., Paola Subacchi brings a wealth of knowledge of China's economy and politics to this fascinating and informative exploration of China's currency, considering how the economic giant will develop its 'renminbi strategy' and take its proper place on the world's financial stage at a time of instability, economic slowdown, and domestic social tension.
Table of Content
Preface Introduction 1. Money Is the Game Changer 2. China's Extraordinary but Still Unfinished Transformation 3. A Financially Repressed Economy 4. China: A Trading Nation Without an International Currency 5. Living with a Dwarf Currency 6. Creating an International Currency 7. Building a Market for the Renminbi 8. The Renminbi Moves Around 9. Managing Is the Word 10. The Age of Chinese Money Notes Index
Copyright Date
2017
Dewey Decimal
332.4/50951
Dewey Edition
23
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eBay item number:225363308750
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