{"product_id":"renminbi-internationalization-book-barry-eichengreen-9780815726111","title":"Renminbi Internationalization","description":"\u003cp\u003eMeet the next global currency: the Chinese renminbi, or the redback. Following the global financial crisis of 2008, China's major monetary policy objective is the internationalization of the renminbi, that is, to create an inter-national role for its currency akin to the international role currently played by the U.S. dollar.\u003c\/p\u003e \u003cp\u003eRenminbi internationalization is a hot topic, for good reason. It is, essentially, a window onto the Chinese government's aspirations and the larger process of economic and financial transformation. Making the renminbi a global currency requires rebalancing the Chinese economy, developing the country's financial markets and opening them to the rest of the world, and moving to a more flexible exchange rate. In other words, the internationalization of the renminbi is a monetary and financial issue with much broader supra-monetary and financial implications. This book offers a new perspective on the larger issues of economic, financial, and institutional change in what will eventually be the world's largest economy.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49655459610897,"sku":"GOR011026666","price":10.0,"currency_code":"USD","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52124042264849,"sku":"NLS9780815726111","price":60.19,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0815726112.jpg?v=1759401292","url":"https:\/\/www.worldofbooks.com\/products\/renminbi-internationalization-book-barry-eichengreen-9780815726111","provider":"World of Books ","version":"1.0","type":"link"}