The Research For RMB Exchange Rate And Exchange Rate Regime In The Course Of Economic Globalization

This paper researches the RMB exchange rate and RMB exchange rate regime in the course of the globalization of economy and finance. The book is divided into seven parts, and they consist of the basic research and analysis framework about the problem. The first chapter gives the theoretical generalization about the conception and nature of the economic globalization, and the anti-globalization in the course of the economic globalization in recent years. The second chapter is the exposition of the financial globalization in the course of the economic globalization. In this chapter, this article analyzes the emerging, the forms and the natures of the financial globalization, and the financial crisis and the prevention against the crisis in the course of the financial globalization. Chapter three introduces the western exchange rate determination theory. This chapter introduces the early and classical theories about the exchange rate determination, and several typical modern western exchange rate theories. In the fourth chapter, the paper introduces and analyzes the evolution of RMB exchange rate and RMB exchange rate system, and the paper also discusses the reform about the foreign exchange management system and RMB exchange rate system since 1980's. Chapter five discusses the determination of equilibrium exchange rate of RMB, and the phase and adjustment fluctuation of RMB, and the government's intervention in the foreign exchange market. The last chapter researches and discusses the adjustment and reform about the RMB exchange rate regime with the background of China's entry into WTO and China's finance opening to the outside world.People often understand the economic globalization that has rich and multi-levels contents and complicated social and economic phenomenon starting with their respective fields,positions and interests, as to, there are many different...