This is the first book to collect academic studies examining issues related to the potential internationalization of the Renminbi. It considers policy implicati

A Brookings Institution Press and Asian Development Bank Institute publication Meet the next global currency: the Chinese renminbi, or the "redback." Following

China's currency, the renminbi, has taken the world by storm. This book documents the renminbi's impressive rise to global prominence in a short period but also

The politics of reactive currency statecraft -- The rise of the "people's currency" -- The United Kingdom: a passionate advocate -- Japan: a diplomatic user of

In an era when trade and currency wars threaten to end a long-standing period of growing trade and capital flows, the economics of international trade, investme