This book reveals that all four of these countries have deliberately utilized their policies related to renminbi internationalization as means of achieving their own foreign policy goals associated with China, goals that have been principally economic in some cases but political in others. Remarkably, the predominant mode of response to the renminbi’s internationalization has been accommodative. Even the United States and Japan—China’s chief geopolitical and also international currency rivals—have never attempted to actively suppress it.
This study provides new insights to anyone concerned with the transformation of the world monetary order, while also contributing a valuable analysis of the international politics surrounding the rise of China.
This book reveals that all four of these countries have deliberately utilized their policies related to renminbi internationalization as means of achieving their own foreign policy goals associated with China, goals that have been principally economic in some cases but political in others. Remarkably, the predominant mode of response to the renminbi’s internationalization has been accommodative. Even the United States and Japan—China’s chief geopolitical and also international currency rivals—have never attempted to actively suppress it.
This study provides new insights to anyone concerned with the transformation of the world monetary order, while also contributing a valuable analysis of the international politics surrounding the rise of China.
The International Political Economy of the Renminbi: Currency Internationalization and Reactive Currency Statecraft
206The International Political Economy of the Renminbi: Currency Internationalization and Reactive Currency Statecraft
206Product Details
ISBN-13: | 9781032077864 |
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Publisher: | Taylor & Francis |
Publication date: | 05/31/2023 |
Series: | Routledge Frontiers of Political Economy |
Pages: | 206 |
Product dimensions: | 6.12(w) x 9.19(h) x (d) |