Huang, Yiping; Wang, Daili; Fan, Gang - Asian Development Bank Institute, Asian Development Bank - 2014
In this paper we try to address the question of what could help make the renminbi (RMB) a reserve currency. In recent years, the authorities in the People's Republic of China (PRC) have made efforts to internationalize its currency through a two-track strategy: promotion of the use of the RMB in...