NLU Meghalaya Library

Online Public Access Catalogue (OPAC)

One currency, two markets : (Record no. 9485)

MARC details
000 -LEADER
fixed length control field 02780nam a2200409 i 4500
001 - CONTROL NUMBER
control field CR9781108647236
003 - CONTROL NUMBER IDENTIFIER
control field UkCbUP
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20240913182131.0
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS
fixed length control field m|||||o||d||||||||
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION
fixed length control field cr||||||||||||
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 180619s2021||||enk o ||1 0|eng|d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781108647236 (ebook)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
Canceled/invalid ISBN 9781108491686 (hardback)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
Canceled/invalid ISBN 9781108740586 (paperback)
040 ## - CATALOGING SOURCE
Original cataloging agency UkCbUP
Language of cataloging eng
Description conventions rda
Transcribing agency UkCbUP
043 ## - GEOGRAPHIC AREA CODE
Geographic area code a-cc---
050 00 - LIBRARY OF CONGRESS CALL NUMBER
Classification number HG1285
Item number .L35 2021
082 00 - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 332.4/50951
Edition number 23
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Lai, Edwin L.-C.,
Relator term author.
245 10 - TITLE STATEMENT
Title One currency, two markets :
Remainder of title China's attempt to internationalize the renminbi /
Statement of responsibility, etc. Edwin L.-C. Lai, Hong Kong University of Science and Technology.
264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE
Place of production, publication, distribution, manufacture Cambridge, United Kingdom ; New York, NY :
Name of producer, publisher, distributor, manufacturer Cambridge University Press,
Date of production, publication, distribution, manufacture, or copyright notice 2021.
300 ## - PHYSICAL DESCRIPTION
Extent 1 online resource (xxxvii, 307 pages) :
Other physical details digital, PDF file(s).
336 ## - CONTENT TYPE
Content type term text
Content type code txt
Source rdacontent
337 ## - MEDIA TYPE
Media type term computer
Media type code c
Source rdamedia
338 ## - CARRIER TYPE
Carrier type term online resource
Carrier type code cr
Source rdacarrier
500 ## - GENERAL NOTE
General note Title from publisher's bibliographic system (viewed on 18 Jun 2021).
505 0# - FORMATTED CONTENTS NOTE
Formatted contents note Introduction -- China's aversion to a floating exchange rate -- Why does China want to internationalize the RMB? -- China's strategy of internationalizing the RMB -- The importance of capital account liberalization -- The importance of financial sector reform -- The importance of the offshore RMB market -- The potential of the RMB as a payment currency -- The prospects of RMB internationalization.
520 ## - SUMMARY, ETC.
Summary, etc. This book is for anyone who is interested in the economic analysis of the future of the international monetary system and the USD, and the rising importance of the RMB. It points out the unsustainability of the dollar standard in the long run, that China has unique incentives to internationalize its currency, and how Hong Kong plays an important role. It explains the real reasons for China to internationalize its currency, including using external commitments to force financial sector reforms ('daobi' in Chinese). It applies economic theories accessible to laymen to establish that financial development and openness are crucial for RMB internationalization to succeed, and that greater exchange rate volatility is inevitable due to the 'open-economy trilemma'. Employing the 'gravity model', the book predicts quantitatively that the RMB is likely to be a distant third payment currency after the USD and the euro, but surpassing the Japanese yen in the next decade.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Renminbi.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Finance
Geographic subdivision China.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Capital market
Geographic subdivision China.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Foreign exchange
Geographic subdivision China.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Money
Geographic subdivision China.
776 08 - ADDITIONAL PHYSICAL FORM ENTRY
Relationship information Print version:
International Standard Book Number 9781108491686
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://doi.org/10.1017/9781108647236">https://doi.org/10.1017/9781108647236</a>
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type eBooks
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Collection Home library Current library Date acquired Total checkouts Barcode Date last seen Price effective from Koha item type
    Dewey Decimal Classification     Economics Central Library Central Library 13/09/2024   EB0792 13/09/2024 13/09/2024 eBooks