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On The Regional Monetary Policy And Its Application The Long Triangular Economic Integration

Posted on:2004-04-18Degree:MasterType:Thesis
Country:ChinaCandidate:S Q XieFull Text:PDF
GTID:2156360092492635Subject:Finance
Abstract/Summary:PDF Full Text Request
Under the condition of peace and development, after reviewing its disgrace of a century and twists of 27 years' development since the foundation of the People's Republic Of China, China began to establish cross-centennial development idea on "3 steps move" progressively in the end of the seventies of the 20th century. Through implementing some policies, such as "a center, two basic points" of more than 20 years, etc., the strategy of China going to the world is increasingly being formed, which not only regards the Pacific Ocean and the India Ocean as its skeleton and regards "forumof rich chela of Asia" and "cooperative associations of five countries of Shanghai" as its both wings, but also regards "China-Association of South-east Asian Nations free trade area" as its base. So, it makes the elegance of China able toappear to some extent. However, it is numerous to influence this strategic and unstable inside factors of the strategy of China going to the world, China must make the correct plan toi t rap idly in terms of system to guarantee i ts rea I i zat i on. At regional aspect, a lot of good results can be enclosed and pointed, though the out-of-baIance of regional economies has become so serious that Chinese have already began to pay more attention to it and that at the turn of the century, the Central Committee of the Communist Party of China putted forward the com i ng western deve I opment b I uepr i nt wh i ch is the strategy of developing the west. After studying carefully this reason, I think this is the result of being short of a regional monetary policy while arranging in the system before in our country and actually the one of the national wind of "paying less attention to innovate while more to imitate, looking down on oneself while paying more respect for authorities". In order to dispel this bad common practice and break away from this situation that the modern western monetary policy theory unifies the whole world, I write this paper to make it attract a collection of jade by casting a brick and to comfort latecomers specially.Under the condition of regarding regional monetary policyas the core of this paper and taking the long triangular economic zone as its study background, the gentle train of this paper's thought is as followed:Firstly, introduce some economic general pictures in this district and economic differences inside then propose the study theme of this paper after analyzing three economic policy reasons of the differences.Secondly, on the basis of knowing about the necessity and feasibility of implementing regional monetary policy, some extents are introduced, which includes some concepts and norms of the theory, its relations with other regional economic policies and the practice of the theory in USA and Europe.Finally, after analyzing its application in the economic integration, I drew its coming blueprint in the same zone.Now, I have come to my conclusion that it is very necessary to implement the regional monetary policy which is float with intervention under the condition of dividing nine economic zones rationally and having each very different.If putting some practice into the theory, we will make the out-of-balance of the regional economics basically alleviate, and under the wind of theory innovation and system reform,the mansion of our country will become stable on day and the national grand plan of China going to the world will also succeed.
Keywords/Search Tags:regional monetary policy, principal-agent, J. Tobin-tax, economic integration
PDF Full Text Request
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