| Renminbi＇s Potential to Become a Global Currency |
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| 摘 要： | This paper is a tentative endeavor to delineate the potential of the renminbi to become a global currency. It first analyzes the critical economic, financial and policy attributes that are required to support a currency to gain an international role. It then examines whether China has the potential to acquire these attributes. The paper concludes by offering some provisional observations on the implications for Asia and the global economy, should the renminbi evolve into a world currency in the coming decades.
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| 关 键 词： | 人民币 货币 全球经济 属性 金融 |
Renminbi's Potential to Become a Global Currency |
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| Friedrich Wu,Rongfang Pan,Di Wang. Renminbi's Potential to Become a Global Currency[J]. China & World Economy, 2010, 18(1): 63-81. DOI: 10.1111/j.1749-124X.2010.01181.x |
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| Authors: | Friedrich Wu Rongfang Pan Di Wang |
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| Affiliation: | [1]S. Rajaratnam School of International Studies, Nanyang Technological University, Singapore [2]Research Assistants at the S. Rajaratnam School, Nanyang Technological University, Singapore |
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| Abstract: | This paper is a tentative endeavor to delineate the potential of the renminbi to become a global currency. It first analyzes the critical economic, financial and policy attributes that are required to support a currency to gain an international role. It then examines whether China has the potential to acquire these attributes. The paper concludes by offering some provisional observations on the implications for Asia and the global economy, should the renminbi evolve into a world currency in the coming decades. |
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| Keywords: | China global currency internationalization renminbi |
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