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In the years since the SDR was created, the international monetary system has experienced a number of profound changes …. The present paper sketches the effects of these changes on perceptions of the role that the SDR can and should play in …
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renminbi, and they can be expected to adopt an increasingly active stance on China's exchange rate policy. …
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of the renminbi for the denomination of cross-border transactions in the Asia-Pacific region. In particular, we develop a … rate stability of a country. This ratio is very small for the renminbi compared with that for established international … currencies. Our quantitative analysis suggests that the renminbi can be a major invoicing currency in the region only if China …
Persistent link: https://www.econbiz.de/10013055691
On 11-12 May 2011, SUERF and the Belgian Financial Forum, in association with the Brussels Finance Institute and the Centre for European Policy Studies (CEPS) organized the 29th SUERF Colloquium “New Paradigms in Money and Finance?” All the papers in the present SUERF Study are based on...
Persistent link: https://www.econbiz.de/10011689952
On 11-12 May 2011, SUERF and the Belgian Financial Forum, in association with the Brussels Finance Institute and the Centre for European Policy Studies (CEPS) organized the 29th SUERF Colloquium "New Paradigms in Money and Finance?". All the papers in the present SUERF Study are based on...
Persistent link: https://www.econbiz.de/10011711450