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A Peer-reviewed scientific articles/A1 Journal article (refereed), original research
      
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Internationalization of the use of Chinese currency: perspectives from the new and the Ancient Silk Roads, Journal of Chinese Economic and Business Studies 1 (2018). Fung, K.C.; Aminiam, Nathalie; Fu, Maggie; Korhonen, Iikka


Category A Peer-reviewed scientific articles
Sub-category A1 Journal article (refereed), original research
auki Internal authors
All authors as text Fung, K.C.; Aminiam, Nathalie; Fu, Maggie; Korhonen, Iikka 
Number of authors
Status Published
Year of publication 2018 
Date 15.01.2018 
Name of article Internationalization of the use of Chinese currency: perspectives from the new and the Ancient Silk Roads 
Name of journal Journal of Chinese Economic and Business Studies
Volume of issue 16 
Number of issue
Pages 1-16 
Abstract In this paper, we provide an up-to-date analysis of issues and perspectives related to the potential international and regional use of the Chinese currency, with a special focus on the New Silk Road (or One Belt, One Road OBOR) initiative as well as an examination of the use of various forms of Chinese money along the Ancient Silk Road. From the perspectives of China, the OBOR project fulfills several national objectives, with the internationalization of the RMB being one potential aim. We adopt and extend an agglomeration-geography model and apply the model to the OBOR initiative and the resulting increased use of the Chinese currency. Our paper also provides a discussion of the experiences of using various forms of Chinese money along the Ancient Silk Road.
Free text descriptor in Finnish Kiina; valuutat; raha; Silkkitie; 
Free text descriptor in English Internationalization; Chinese monies; Silk Road 
ISSN / e-ISSN 1476-5284 
auki Internet addresses
Additional information Published online: 07 Dec 2017
Notes BOFIT Policy Brief 6/2017 


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