The Journal of Public and International Affairs
Published since 1886 by the Academy of Political Science
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pp. 37-65
Chinese Domestics Politics and the Internationalization of the Renminbi
Hyoung-Kyu Chey AND Yu Wai Vic Li discuss the domestic politics surrounding the internationalization of the Chinese renminbi. They argue that the Chinese central bank played a leading role in the process because domestic financial reforms necessitated by the internationalization of the renminbi strengthened its own core institutional interests and enhanced its monetary policy effectiveness.
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