Font Size: a A A

Rmb Internationalization Benefits And Cost Comparison

Posted on:2011-06-07Degree:MasterType:Thesis
Country:ChinaCandidate:Z PeiFull Text:PDF
GTID:2189360305477054Subject:Finance
Abstract/Summary:
The retrogression which attacks along with the financial crisis,China's is day by day remarkable in world politics economical stage influence . Looks over the international pattern,promotes the Renminbi internationalization already to meet our country economical finance development basic need,also conforms to the world overall finance and the economic interest.Therefore,after the financial crisis has for more than one year to come , our country leaves the move repeatedly in the Renminbi internationalization's layout,the intention,in the currency pattern latent mixes the cards strives for to take the initiative.The Renminbi internationalization question becomes the hot spot which once more China decision-making strata and the academic circle pay attention.The author did to the Renminbi internationalization's research literature and the material has combed in detail and analyzes,discovered that the academic circle has conducted the certain extent research to the Renminbi internationalization's income and the cost , the scholars already has the consistent view to the Renminbi internationalization income and the cost,also had the different viewpoint.This article unifies current economical financial in already in some research results' foundation the development situation,has carried on detail the analysis and the comparison to the Renminbi internationalization's income and the cost,expected that could find in the Renminbi internationalization advancement causes the Renminbi internationalization the income maximization,the cost minimum most superior countermeasure.First,this article to domestic and foreign has carried on the reorganization and the analysis about the Renminbi internationalization income and the cost research literature,has further been clear about the Renminbi internationalization definition,the condition,the degree and the prospects for development.In the theory stratification plane,described the currency internationalization income and the cost related economic theory in detail,thus has laid the solid economic theory foundation for the Renminbi internationalization's income and the cost comparison.Next,in the article mainly as two big master lines launches the analysis take the Renminbi internationalization's income and the cost analysis.In the method,more utilizes the quantitative analysis method to the Renminbi internationalization's income.For example,in the article carries on the Renminbi internationalization take Hong Kong as the example to bring the seigniorage income the reckoning . Mainly uses the qualitative analysis to the Renminbi internationalization's cost the method. In the content, in the article Renminbi internationalization income aspect quota has analyzed the seigniorage income and the Renminbi internationalization emphatically the Renminbi internationalization brings may alleviate Renminbi not equal revaluation pressure these two aspects.In the Renminbi internationalization cost aspect , mainly analyzed the Renminbi internationalization possible to affect our country macroeconomic policy the independence as well as causes our country finance and the economic domain easy to suffer the exterior impact.Finally,according to the Renminbi internationalization income and the cost comparison,proposed correspondingly some cause the Renminbi the policy suggestion which makes use of favorable conditions and avoid unfavorable conditions in the internationalization process.
Keywords/Search Tags:Renminbi internationalization, Seigniorage income, Not equal revaluation pressure, Cost and benefits
Related items