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The Past and Future of International Monetary System - With the Performances of the US Dollar, the Euro and the CNY (Paperback, 1st ed. 2016)
Loot Price: R1,823
Discovery Miles 18 230
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The Past and Future of International Monetary System - With the Performances of the US Dollar, the Euro and the CNY (Paperback, 1st ed. 2016)
Series: SpringerBriefs in Economics
Expected to ship within 10 - 15 working days
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Total price: R1,843
Discovery Miles: 18 430
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This book examines essential problems in the current International
Monetary System, especially those concerning the International
Standard. To do so, it focuses on the different monetary systems of
today's major currencies - the US dollar, the euro and the CNY, as
well as the performance of the standards used in the international
monetary system, i.e., the SDRs. In addition, it projects the
potential consequences of including the Chinese CNY in the current
SDR system, thus proposing a reform of the SDRs. The analytical
research is mainly based on a performance comparison of the major
international standards in the current international monetary
system. The author illustrates that the political/policy reactions
and economic philosophies underlying each monetary system
constitute not only reasonable responses to the current
international monetary system, but also fundamental factors in
decisions concerning changes to or reforms of the international
monetary system.div>
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