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Economic and Trade Cooperation and Currency Internationalization: Theoretical and Empirical Analysis

In: RMB Internationalization in 2023

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  • Zongxin Qian

    (Renmin University of China)

Abstract

This chapter discusses the relationship between economic and trade cooperation and currency internationalization in a general sense from both theoretical and empirical perspectives. First, by reviewing the main literature on currency internationalization, the chapter summarizes the relationship between economic and trade cooperation and currency internationalization into two different theoretical mechanisms: (1) economic and trade cooperation facilitates economic integration and thus acts on currency internationalization, and (2) economic and trade cooperation promotes high-quality development of the economy and finance and thus acts on currency internationalization.

Suggested Citation

  • Zongxin Qian, 2024. "Economic and Trade Cooperation and Currency Internationalization: Theoretical and Empirical Analysis," Springer Books, in: Fang Wang & Zongxin Qian (ed.), RMB Internationalization in 2023, chapter 0, pages 59-103, Springer.
    • Handle: RePEc:spr:sprchp:978-981-97-6437-2_2
    DOI: 10.1007/978-981-97-6437-2_2
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