This book is a catalogue of the 2008-09 financial crisis by the three policy makers in the frontline for fixing the system. Mercifully light on details, it offers a broad introduction to the underlying causes and timeline of the crisis to new readers. Seasoned readers of the subject will find the charts section richly informative.
Month: August 2019
10 Charts: RMB Internationalization
This article presents ten charts tracing the RMB internationalization journey over the past decade.
Future Course of RMB Internationalization
The realistic way forward for RMB internationalization is via RMB denominated financing for projects under the Belt and Road Initiative. The evolution in global RMB clearing breaks the dominance of offshore clearing centres while RMB payment cards give more people the opportunity to use the currency.
Macrologue 