Research paper by Martin Šebeňa aims to provide a comparative analysis of the progress of the internationalization of the Chinese yuan (also known as renminbi or RMB) in the Visegrád countries, namely in Czechia, Hungary, Poland, and Slovakia.
This paper attempts to distinguish between individual agents that are involved in the pursuit of decision making and implementation of infrastructure that supports the internationalization of the Chinese currency. By doing so, it also attempts to provide an overview of items that an accepting country needs to clear in order to fully enable dealing in a new currency. Once this is completed, a reassessment the specific trajectories individual countries have traveled on their path towards embracing the Chinese currency will be provided.
Agent Level Analysis of RMB Internationalization in the Visegrád Countries
Martin Šebeňa is a CEIAS Research Fellow. He studied political science and sinology at the Charles University in Prague (2011) and finance at Curtin University (2016). He is currently pursuing his PhD degree at The University of Hong Kong. In the past, he studied Chinese at Zhejiang University in China (2006-7) and political science at the University of Pisa (2008-9) in Italy. He has worked in the finance industry in Switzerland, Australia, Hong Kong and Czechia. Among his various interests are social events in contemporary China, in particular issues of urbanization, education, health, consumerism and popular nationalism.