This book proposes that the short-term goal of the current reform
of the international monetary system should be a combination of
controlling 'imbalances' and 'the risk of the dollar', namely using
the balance of payments coordination mechanism to suppress risks by
exchange rate cooperation. The reforms of international reserve
currencies, international financial institutions, and international
financial regulation provide a good external environment for the
stable development of the world economy. The book discusses the
mechanisms that will continue to support the hegemony of the US
dollar and the US dollar system in the future, including the
commodity dollar return mechanism, the international debt repayment
mechanism, the petroleum dollar pricing mechanism and the dollar
rescue mechanism in financial crisis. The book predicts that the
current international currency system dominated by the US dollar
will remain sustainable for a long time. Finally, the book proposes
four strategies for China's participation in the reform of the
international monetary system.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!