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Study On The Rmb Internationalization Under Subprime Crisis

Posted on:2011-11-01Degree:MasterType:Thesis
Country:ChinaCandidate:Y GaoFull Text:PDF
GTID:2199330338979815Subject:International trade
Abstract/Summary:PDF Full Text Request
In recent years, with China's rapid economic growth, the overall economic strength, sustained and stable RMB exchange rate, especially in the subprime mortgage crisis, the Chinese government has shown a high degree of responsibility to the RMB's international reputation greatly enhanced. Neighboring countries and regions gradually recognized and accepted as a trading currency and the yuan means of international settlement, a large number of yuan in circulation outside. Therefore, the RMB has aroused international decision makers in China and abroad theorists attach great importance to the issue of RMB internationalization has strong practical significance.RMB internationalization of research is different from pure theory, is used by the general to the specific, the idea from theory to reality, through the internationalization of the RMB theoretical basis and practical conditions to analyze the two parties, in order to raise the RMB internationalization path laid basis. In theory, the RMB's international competitiveness and international conditions of the main line, the introduction of the currency of international index measure the international competitiveness of the RMB; actual conditions analysis is the basis of the theory, combined with SWOT model and the cost-benefit theory to empirical analysis, not only the subprime mortgage crisis in the international environment of the RMB new method, but also the conditions for RMB internationalization of qualitative and quantitative double resolution. From different perspectives based on the conditions of RMB internationalization of research, reflecting the internationalization of RMB road full of opportunities and interests, but also full of challenges and risks.Internationalization of history is the history of nations competing for economic power. Throughout the past, the United States, Japan and Europe three currencies international success has given us important insights, combined with the reality of the conditions of RMB internationalization known: RMB internationalization requires multilateral collaboration and work together. Both history and opportunity given by the times, or the Government's policy support, financial system, technology and management coordination and cooperation of domestic enterprises to upgrade all of the RMB internationalization plays a vital role.
Keywords/Search Tags:Subprime crisis, International monetary system, Internationalization, Currency income
PDF Full Text Request
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