| | | | PROBLEMS OF MODERN ECONOMICS, N 3 (63), 2017 | | | | ECONOMIC GLOBALIZATION AND ISSUES OF NATIONAL AND INTERNATIONAL SECURITY | | | Sokolov B. I.
Chair of Credit Theory and Financial Management, Department of Economics, St. Petersburg State University, PhD (Economics), Professor
Chiang Xuyan
PhD student, Chair of Credit and Financial Management, St. Petersburg State University
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| | | The article focuses on the problem that monetary authorities of the People’s Republic of China came across in the process of yuan internationalization. Transformation of yuan into reserve currency is associated both with positive aspects and with risks. The authors make forecast related to currency behaviorism of the country’s monetary authorities, commercial organizations and household in the process of increased competitive struggle among the international reserve currencies | | Key words: China, currency values, reserve value, monetary gold, yuan, advantages of currency internalization, risks of currency internalization, currency behaviorism | | Pages: 56 - 60 |
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