Rivalry between the United States and China has become a paradigm of international relations over the past two years. It shapes both strategic debates and real political, military and economic dynamics. The dimensions of Sino-American competition over power and status include growing threat...

This book presents contributions by leading academics and practitioners from central banks to shed light on the function and impact of cash in Asian countries. It explores the impact of cash on society, the role of cash in monetary policy, and the future of cash in various monetary systems,...

When monetary policy was still largely confined to the setting of interest rates and conventional open market operations, monetary policy implementation could be considered a technical issue beyond the scope for academic analysis. This has changed with the advent of the so-called unconventional...