Enter the Dragon
China in the International Financial System
- Publisher
- McGill-Queen's University Press
- Initial publish date
- Oct 2016
- Category
- Asian
-
eBook
- ISBN
- 9781928096160
- Publish Date
- Oct 2016
- List Price
- $28.00
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Description
China has experienced a remarkable transformation since the 1990s. It now boasts the second-largest — some would argue the largest — economy in the world, having evolved from a closed economy into the leading goods-trading nation. China’s economic rise has given it increasing prominence in international monetary and financial governance, but it also exposes China to new risks associated with its integration into the global financial system.
Drawing insights from economics and political science, Enter the Dragon: China in the International Financial System takes a broad conceptual approach and tackles the questions that accompany China’s ascendance in international finance: What are the motivations and consequences of China’s effort to internationalize the renminbi? What is the political logic underlying China’s foreign financial policy? What forces have shaped China’s preferences and capacities in global financial governance?
Enter the Dragon contributes to the ongoing debate over China’s political interests, its agenda for economic and financial cooperation, and the domestic and international implications of its economic rise. Bringing together experts from both inside and outside of China, this volume argues that China’s rise in the international financial system is a highly complex and political process, and can only be understood by incorporating analysis of domestic and international political economy.
About the authors
Domenico Lombardi is the director of the Global Economy Program at the Centre for International Governance Innovation (CIGI).
Domenico Lombardi's profile page
Hongying Wang is a CIGI senior fellow and an associate professor of political science at the University of Waterloo, specializing in international political economy, Chinese politics and Chinese foreign policy.