Arvind Subramanian, Martin Kessler, Saturday, October 27, 2012 - 00:00

As China becomes ever more important in the global economy, will its currency take on an international role? This column argues that in some sense, this is already happening – an increasing number of emerging-market currencies seem to track (co-move with) the renminbi – and the trend is set to continue.

CEPR Policy Research