The Digital Renminbis Disruption

Author : Chi Lo
Publisher : Emerald Group Publishing
ISBN 13 : 1804553328
Total Pages : 137 pages
Book Rating : 4.29/5 ( download)

DOWNLOAD NOW!

Download or read book The Digital Renminbi’s Disruption written by Chi Lo and published by Emerald Group Publishing. This book was released on 2022-09-28 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exposing hidden trends and systemic flaws and debunking myths, The Digital Renminbi’s Disruption contributes to revealing China’s digital disruption and leads to a better understanding of upcoming potential volatility in the wake of the unfolding digital revolution.

Author : Chi Lo
Publisher : Emerald Group Publishing
ISBN 13 : 1804553301
Total Pages : 161 pages
Book Rating : 4.05/5 ( download)

DOWNLOAD NOW!

Download or read book The Digital Renminbi’s Disruption written by Chi Lo and published by Emerald Group Publishing. This book was released on 2022-09-28 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exposing hidden trends and systemic flaws and debunking myths, The Digital Renminbi’s Disruption contributes to revealing China’s digital disruption and leads to a better understanding of upcoming potential volatility in the wake of the unfolding digital revolution.

Author : Chi Lo
Publisher : Emerald Group Publishing
ISBN 13 : 180043796X
Total Pages : 177 pages
Book Rating : 4.68/5 ( download)

DOWNLOAD NOW!

Download or read book China’s Global Disruption written by Chi Lo and published by Emerald Group Publishing. This book was released on 2021-01-11 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s Global Disruption: Myths and Reality is the first book to bring world-systemic analyses of China into dialog with domestic analyses, and in so doing, to show how each can challenge or refine the assumptions of the other, ultimately showing that much of the global “common sense” about China is misinformed.

Author : Eswar Prasad
Publisher : Oxford University Press
ISBN 13 : 0190631058
Total Pages : 345 pages
Book Rating : 4.55/5 ( download)

DOWNLOAD NOW!

Download or read book Gaining Currency written by Eswar Prasad and published by Oxford University Press. This book was released on 2017 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's currency, the renminbi (RMB), has taken the world by storm. The RMB is well on its way to becoming a significant international currency, one that is used widely in international trade and finance. This book documents the RMB's impressive rise, with China successfully adopting a unique playbook for promoting its currency. China's growing economic might, expanding international influence, and the rise of its currency are all intricately connected. The book documents how China's government has tied these goals together, enabling faster progress towards each of them. But there are many pitfalls ahead, both for China's economy and its currency. The book shows how the government has so far navigated its way around domestic and international dangers, but enormous risks still lie ahead. The International Monetary Fund has elevated the RMB to the status of an official reserve currency, a currency that foreign central banks use to keep their rainy day funds. If China plays its cards right, with reforms that put its economy and financial markets on the right track, the RMB is going to become an important reserve currency that could rival some of the traditional reserve currencies such as the euro and the Japanese yen. But this book argues that there are limits to the RMB's ascendance-the hype about its inevitable rise to global dominance is overblown. The Chinese leadership's apparent commitment to financial sector and other market-oriented reforms-coupled with unambiguous repudiation of political, legal, and institutional reforms-sets the RMB on a clear course. It will attain the status of a reserve currency over time but has essentially given up its claim of being seen as a safe haven currency, one that investors turn to for safety. The RMB will erode but not seriously challenge the U.S. dollar's dominance in international finance.--

Author : David Dollar
Publisher : Brookings Institution Press
ISBN 13 : 0815739567
Total Pages : 210 pages
Book Rating : 4.62/5 ( download)

DOWNLOAD NOW!

Download or read book The Digital Financial Revolution in China written by David Dollar and published by Brookings Institution Press. This book was released on 2022-05-10 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes how China is in the lead in transforming finance for the digital age This book is the product of a joint research project between economists at the National School of Development, especially the affiliated Institute of Digital Finance, at Peking University and at the Brookings Institution. It investigates the impact of financial technology on job creation, income distribution, and consumer welfare in China. It also examines larger systemic issues such as monetary policy, stability of the banking sector, and international trade and payments.

Author : Eswar S. Prasad
Publisher : Harvard University Press
ISBN 13 : 0674258444
Total Pages : 497 pages
Book Rating : 4.40/5 ( download)

DOWNLOAD NOW!

Download or read book The Future of Money written by Eswar S. Prasad and published by Harvard University Press. This book was released on 2021-09-28 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse. We think weÕve seen financial innovation. We bank from laptops and buy coffee with the wave of a phone. But these are minor miracles compared with the dizzying experiments now underway around the globe, as businesses and governments alike embrace the possibilities of new financial technologies. As Eswar Prasad explains, the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The transformation of money will fundamentally rewrite how ordinary people live. Above all, Prasad foresees the end of physical cash. The driving force wonÕt be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Facebook and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk. Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of diverse consumers, and improved market access for the unbanked. The risk is instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come.

Author : Nik Bhatia
Publisher :
ISBN 13 : 9781736110515
Total Pages : 180 pages
Book Rating : 4.19/5 ( download)

DOWNLOAD NOW!

Download or read book Layered Money written by Nik Bhatia and published by . This book was released on 2021-01-18 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this fascinating deep dive into the evolution of monetary systems around the globe, Nik Bhatia takes us into the origins of how money has evolved to function in a "layered" manner. Using gold as an example of this term, he traces the layers of this ancient currency from raw mined material, to gold coins, and finally to bank-issued gold certificates. In a groundbreaking manner, Bhatia offers a similar paradigm for the evolution of digital currencies. Bhatia's analysis begins in Renaissance Florence with the gold Florin coin and a burgeoning banking culture, continues with the evolution of central banking, and concludes with a vision for the future of our international monetary system. As central banks around the world prepare to launch their own crypto-competitors, Bhatia illustrates how the invention of Bitcoin created a seismic shift in money and merged the monetary and cryptography sciences. His unique analysis of "layered money" illuminates money markets for the general reader and shows how Bitcoin is becoming a trusted global currency. Readers will come away with an understanding of the mechanics of our financial system, why the dollar is deeply entrenched despite its state of disrepair, and how Central Bank Digital Currencies (CBDCs) and cryptocurrencies will interact in our new monetary future.

Author : Mr.Tobias Adrian
Publisher : International Monetary Fund
ISBN 13 : 1498324908
Total Pages : 20 pages
Book Rating : 4.08/5 ( download)

DOWNLOAD NOW!

Download or read book The Rise of Digital Money written by Mr.Tobias Adrian and published by International Monetary Fund. This book was released on 2019-07-15 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper marks the launch of a new IMF series, Fintech Notes. Building on years of IMF staff work, it will explore pressing topics in the digital economy and be issued periodically. The series will carry work by IMF staff and will seek to provide insight into the intersection of technology and the global economy. The Rise of Digital Money analyses how technology companies are stepping up competition to large banks and credit card companies. Digital forms of money are increasingly in the wallets of consumers as well as in the minds of policymakers. Cash and bank deposits are battling with so-called e-money, electronically stored monetary value denominated in, and pegged to, a currency like the euro or the dollar. This paper identifies the benefits and risks and highlights regulatory issues that are likely to emerge with a broader adoption of stablecoins. The paper also highlights the risks associated with e-money: potential creation of new monopolies; threats to weaker currencies; concerns about consumer protection and financial stability; and the risk of fostering illegal activities, among others.

Author : Seung Ho Park
Publisher : Springer Nature
ISBN 13 : 303042412X
Total Pages : 880 pages
Book Rating : 4.21/5 ( download)

DOWNLOAD NOW!

Download or read book The Palgrave Handbook of Corporate Sustainability in the Digital Era written by Seung Ho Park and published by Springer Nature. This book was released on 2020-10-06 with total page 880 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook addresses the intersection between corporate sustainability and digital transformation. It analyzes the challenges and transformations required to be able to have sustainable businesses with a future orientation. Topics include current and potential social, demographic, technological, and managerial trends; the implications of the digital revolution in society and business; as well as the challenges of being sustainable, and profitable. Providing an understanding of the business reasons to incorporate a future orientation into the business strategy, this handbook facilitates an understanding of the need for profound changes in individual behavior, organizational culture, public policy, and business environments to adapt to the accelerated changes and manage business with orientation to the future.

Author : Jane Golley
Publisher : ANU E Press
ISBN 13 : 1921862297
Total Pages : 362 pages
Book Rating : 4.98/5 ( download)

DOWNLOAD NOW!

Download or read book Rising China written by Jane Golley and published by ANU E Press. This book was released on 2011-06-01 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Where the last three decades of the 20th century witnessed a China rising on to the global economic stage, the first three decades of the 21st century are almost certain to bring with them the completion of that rise, not only in economic, but also political and geopolitical terms. China's integration into the global economy has brought one-fifth of the global population into the world trading system, which has increased global market potential and integration to an unprecedented level. The increased scale and depth of international specialisation propelled by an enlarged world market has offered new opportunities to boost world production, trade and consumption; with the potential for increasing the welfare of all the countries involved. However, China's integration into the global economy has forced a worldwide reallocation of economic activities. This has increased various kinds of friction in China's trading and political relations with others, as well as generating several globally significant externalities. Finding ways to accommodate China's rise in a way that ensures the future stability and prosperity of the world economy and polity is probably the most important task facing the world community in the first half of the 21st century. The book delves into these issues to reflect upon the wide range of opportunities and challenges that have emerged in the context of a rising China.