internationalisation has impacted on financial market development in China and how far this has contributed to the development of new … institutions within China …

addition, our model suggests that, to be a true international currency, the renminbi should be used more extensively in the …

Renminbi (RMB), has a limited role in the existing international financial system. China has made significant progress and will …While China has risen to become a global superpower with a growing impact on the world economy, its currency, the …

Skalenvorteilen entsprechend zerlegt. Neben diesen Folgen für die Anbieter von Finanzprodukten ist die Geldpolitik, deren … Resonanzboden der Finanzmarkt ist, mit einem veränderten Transmissionsmechanismus konfrontiert. Die Regulierung, die das systemische …

How should monetary policy be optimally designed in an environment with high degrees of financial globalization? To … versus pegged) shows that the impossible trinity is reversed: a higher degree of financial globalization, by inducing more …