Gaining Currency: The Rise of the Renminbi

By IMFBlog

August 4, 2017

Eswar Prasad at an IMF conference (photo: Staff/IMF)

 
As China’s economy catches up in size with that of the United States, some economists predict that the renminbi will soon challenge the dollar’s dominance in international finance.

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Asia’s Economy to Grow by 50% in Five Years

The new issue of the IMF’s Finance & Development magazine explores how the region is moving into a leadership role in the world economy. Anoop Singh, Director of the IMF’s Asia and Pacific Department, says that, based on expected trends, within five years Asia’s economy will be about 50 percent larger than it is today and be comparable in size to the economies of the United States and Europe.

Sudden Financial Arrest and Much More: IMF’s Annual Research Conference Gets Under Way

With the global economic crisis as a backdrop, some of the world’s leading economists will soon join us here in Washington, D.C. for two days of intense, scholarly debate. Not surprisingly, the papers submitted for the IMF’s Jacques Polak Annual Research Conference are colored by the events of the past two years.

By | October 29th, 2009|Economic Crisis, Economic research, Fiscal Stimulus, recession|
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