Mechanism And Structure: International Political Economy Of Monetary System

Firstly, the paper analyzes the historical evolvement of international financial power structure by the theories of international relations and international finance, and points out the political reasons of international financial power structure's evolvement, which is in order to open out the characteristics of nowadays' international financial power structure that inherited from predecessor. Secondly, the paper aims to study how does the financial power distributed in a situation of a multipolar world, and considers that nowadays' international financial power structure has a center which made of developed countries and a periphery with developing countries. Thirdly, it also studies ascendants of important countries and analyzes international pressure our country is faced with. By discussing the case of current RMB debate, it concludes that: (1) America financial hegemony system was destroyed by its hegemonism, which doesn't vanished in the new international monetary system. Dolor is the most important power in the world. (2) In nowadays, the international financial power structure is constituted by developed countries in the center and developing countries in the periphery. One side is the contest among developed countries, and the other side they oppress countries of the periphery unitedly. (3) Our country should keep out the international pressure and seize the opportunity of RMB appreciation to deepen RMB internationalization.