中国人民币国际化的理论基础与启示:一个全球历史的视角

IF 1.7 1区 历史学 Q1 HISTORY Journal of Global History Pub Date : 2023-02-27 DOI:10.1017/S1740022823000025
Kean Fan Lim
{"title":"中国人民币国际化的理论基础与启示:一个全球历史的视角","authors":"Kean Fan Lim","doi":"10.1017/S1740022823000025","DOIUrl":null,"url":null,"abstract":"Abstract This article addresses two interrelated questions pertaining to the Communist Party of China’s (CPC) attempt to internationalize the Chinese currency – the renminbi (RMB). First, what is the historical rationale of RMB internationalization, and what are its implications? Second, how does the rationale for, and implications of, RMB internationalization distinguish this process from the emergence of the US dollar as the global reserve currency? The article proceeds by framing the RMB internationalization process as a historical palimpsest that emerges from three critical moments following the establishment of the People’s Republic of China in 1949. It then assesses their collective global historical significance through a comparison with the rationale and effects of dollar internationalization. Through foregrounding the domestic and global path-dependence of the RMB’s historical evolution, the article argues that RMB internationalization does not constitute a rupture in global historical terms by challenging the dollar’s global reserve currency status; rather, it paradoxically consolidates a dollar-centric global monetary system because the CPC is committed to sustaining the Mao-era (1949-76) legacy of absolute macroeconomic control.","PeriodicalId":46192,"journal":{"name":"Journal of Global History","volume":"18 1","pages":"304 - 325"},"PeriodicalIF":1.7000,"publicationDate":"2023-02-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":"{\"title\":\"On the rationale and implications of China’s RMB internationalization: A global historical perspective\",\"authors\":\"Kean Fan Lim\",\"doi\":\"10.1017/S1740022823000025\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Abstract This article addresses two interrelated questions pertaining to the Communist Party of China’s (CPC) attempt to internationalize the Chinese currency – the renminbi (RMB). First, what is the historical rationale of RMB internationalization, and what are its implications? Second, how does the rationale for, and implications of, RMB internationalization distinguish this process from the emergence of the US dollar as the global reserve currency? The article proceeds by framing the RMB internationalization process as a historical palimpsest that emerges from three critical moments following the establishment of the People’s Republic of China in 1949. It then assesses their collective global historical significance through a comparison with the rationale and effects of dollar internationalization. Through foregrounding the domestic and global path-dependence of the RMB’s historical evolution, the article argues that RMB internationalization does not constitute a rupture in global historical terms by challenging the dollar’s global reserve currency status; rather, it paradoxically consolidates a dollar-centric global monetary system because the CPC is committed to sustaining the Mao-era (1949-76) legacy of absolute macroeconomic control.\",\"PeriodicalId\":46192,\"journal\":{\"name\":\"Journal of Global History\",\"volume\":\"18 1\",\"pages\":\"304 - 325\"},\"PeriodicalIF\":1.7000,\"publicationDate\":\"2023-02-27\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"3\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Global History\",\"FirstCategoryId\":\"98\",\"ListUrlMain\":\"https://doi.org/10.1017/S1740022823000025\",\"RegionNum\":1,\"RegionCategory\":\"历史学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"HISTORY\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Global History","FirstCategoryId":"98","ListUrlMain":"https://doi.org/10.1017/S1740022823000025","RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"HISTORY","Score":null,"Total":0}
引用次数: 3

摘要

摘要本文论述了中国共产党(CPC)试图使人民币国际化的两个相互关联的问题。首先,人民币国际化的历史依据是什么?其含义是什么?第二,人民币国际化的基本原理和影响如何将这一过程与美元成为全球储备货币的过程区分开来?本文将人民币国际化进程描述为1949年中华人民共和国成立后三个关键时刻出现的历史重写。然后,通过与美元国际化的基本原理和影响的比较,评估它们的总体全球历史意义。本文通过对人民币历史演变的国内路径依赖性和全球路径依赖性的展望,认为人民币国际化挑战美元的全球储备货币地位,并不构成全球历史意义上的断裂;相反,它自相矛盾地巩固了以美元为中心的全球货币体系,因为中国共产党致力于维持毛时代(1949-76)对绝对宏观经济控制的遗产。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
On the rationale and implications of China’s RMB internationalization: A global historical perspective
Abstract This article addresses two interrelated questions pertaining to the Communist Party of China’s (CPC) attempt to internationalize the Chinese currency – the renminbi (RMB). First, what is the historical rationale of RMB internationalization, and what are its implications? Second, how does the rationale for, and implications of, RMB internationalization distinguish this process from the emergence of the US dollar as the global reserve currency? The article proceeds by framing the RMB internationalization process as a historical palimpsest that emerges from three critical moments following the establishment of the People’s Republic of China in 1949. It then assesses their collective global historical significance through a comparison with the rationale and effects of dollar internationalization. Through foregrounding the domestic and global path-dependence of the RMB’s historical evolution, the article argues that RMB internationalization does not constitute a rupture in global historical terms by challenging the dollar’s global reserve currency status; rather, it paradoxically consolidates a dollar-centric global monetary system because the CPC is committed to sustaining the Mao-era (1949-76) legacy of absolute macroeconomic control.
求助全文
通过发布文献求助,成功后即可免费获取论文全文。 去求助
来源期刊
CiteScore
3.30
自引率
5.30%
发文量
28
期刊介绍: Journal of Global History addresses the main problems of global change over time, together with the diverse histories of globalization. It also examines counter-currents to globalization, including those that have structured other spatial units. The journal seeks to transcend the dichotomy between "the West and the rest", straddle traditional regional boundaries, relate material to cultural and political history, and overcome thematic fragmentation in historiography. The journal also acts as a forum for interdisciplinary conversations across a wide variety of social and natural sciences. Published for London School of Economics and Political Science
期刊最新文献
Do mountains kill states? Exploring the diversity of Southeast Asian highland communities A merger of equals: The political economy of the World Bank’s early contacts with China Freeing Chinese Men on the María Luz: Gender and the Latin American Coolie Trade Parsi capital and imperial infrastructure: Shipping and shopping in the port of Aden, 1840-1888 Islands in a sea of sand: The role of Tarim Basin polities in global trade during late antiquity
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1