The politics of reactive currency statecraft -- The rise of the "people's currency" -- The United Kingdom: a passionate advocate -- Japan: a diplomatic user of the renminbi -- South Korea: a late but active accommodator -- The United States: a confident hegemon.

The international statuses of currencies shape a fundamental characteristic of the international monetary system, which has significant impacts on the world political economy by affecting the political as well as economic relationships among states. The study of international currencies has been...

As the internationalisation of the renminbi has progressed rapidly in recent years, research on it has also grown considerably. However, most of this research tends to focus analysing it from the supply side, looking, for example, at China's economic and political conditions and related policy...

This study analyses how a state's reactive currency statecraft—its strategic reaction to an international currency issued by a foreign state—is shaped, by devoting special attention to its broad foreign policy stance toward the state issuing that international currency, with a main empirical...