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

Economic analysis of the future of the international monetary system and the USD, and the rising importance of the RMB.

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

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

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