讲座题目：The Renminbi as a Global Public Good: Shaping the Future of the International Monetary System

讲座时间：2024年5月7日（周二）下午15:15-16:45

讲座地点：线下，博学925

主 讲 人：

Prof. Paskal Zhelev

保加利亚国家与世界经济大学国际经济关系学副教授

主讲人简介：

Dr. Paskal Zhelev is an Associate Professor of International Economic Relations at the University of National and World Economy (UNWE) in Sofia, Bulgaria. He earned his PhD from UNWE and holds a Master degree from the School of Banking and Finance at the University of International Business and Economics in Beijing, China.

Dr. Zhelev's rich international academic experience is highlighted by a Fulbright Scholarship at the University of Illinois at Urbana-Champaign, USA, and a visiting scholarship at Shanghai Jiao Tong University, China. His professional career has seen him in several leadership roles, including Secretary-General for International Cooperation at UNWE and Vice-Rector for Internationalization at Kyzylorda State University in Kazakhstan.

He is currently the Deputy Editor-in-Chief of the Bulgarian Journal of International Economics and Politics and serves as a board member of the Association of Economic Universities of South and Eastern Europe and the Black Sea Region (ASECU).

His work has been published in journals such as the Economy of Regions, Australian and New Zealand Journal of European Studies, Journal of Common Market Studies, International Conference on Research Paradigms Transformation in Social Sciences, and many others.

讲座内容简介：

The aim of the seminar is to explore the prospects of the Renminbi (RMB) as an emerging global public good within the International Monetary System (IMS). As China's economic influence continues to expand, the RMB is increasingly seen as a contender capable of challenging the US dollar's dominance and fostering a more multipolar financial architecture. This could potentially lead to greater stability, more equitable access to foreign reserves, and enhanced international cooperation, significantly improving the global economic landscape.

The presentation will delve into the conceptual and theoretical frameworks that define international money and the contemporary IMS, with a focus on the preconditions necessary for gaining international money status. Utilizing current data, indicators will demonstrate how well China meets the prerequisites for currency internationalization and the progress achieved so far. Despite rapid advances over the past decade, the RMB's journey towards internationalization remains in its early stages, particularly struggling with achieving capital account openness and developing deep and robust financial markets.

A SWOT analysis will be conducted to assess the multifaceted present internal and external factors influencing the RMB internationalization process, summarizing the existing opportunities and risks. The seminar will conclude with strategic recommendations, suggesting that China should maintain its unique approach to currency internationalization, prioritizing the use of the RMB in international trade invoicing and settlement first. Such a strategy reflects a pragmatic progression, acknowledging both the opportunities available to the RMB and the challenges it must steer.