On The Government Behavior Of China In The Monetary Cooperation Of East Asia With The View Of The Game Theory

Along with the reform and open policy advancing, China has already completely placed herself into the floodtide of the world economy and finance integration, and has taken more and more part in the international economic institution's construction. The Monetary Cooperation of East Asia is just typical one. Government of China what to do and how to do in the Monetary Cooperation of East Asia has does a great mention on her vital interest. The study on the government behavior of China in the Monetary Cooperation of East Asia will be helpful for China to gain the more benefit. And also, it has the enormous significance on promoting China's development and providing the reference for China to participate in others international economic institution.In the Monetary Cooperation of East Asia, it is the games of the countries that impel the East Asian Monetary Cooperation. Because the participation countries not only have the related interests, but also the strategy which have been affected each other. The game along these countries pushes the Monetary Cooperation of East Asia forward. So it is appropriate to analyses the government behavior of China in the Monetary Cooperation of East Asia by the theory of game. The paper first show that the Monetary Cooperation of East Asia has played an important role in the development of China and taking part in the Monetary Cooperation is the perfect choice for China. Therefore, government of China must decide how to do in the Monetary Cooperation of East Asia. In the second part, game theory is introduced into anglicizing the government behavior of China in the Monetary Cooperation of East Asia. We reach the value orientating of government behavior of China in the Monetary Cooperation of East Asia, namely,"gain more in the win-win". Perfect selection of government behavior of China in the Monetary Cooperation of East Asia is analysis by game theory. Though the Monetary Cooperation of East Asia runs into difficulty, the analysis of dynamic game testifies that, the government of China should try to gain the initiative advantages as the perfect strategy in the long run. So we should reduce monetary cooperation cost, improve monetary cooperation profit and construct cooperation institutions. Finally, based on the conclusions above, the proper policies are put forward. That is, advance the RMB'regionalizing; raise the standard of the trade cooperation; perfect the finance supervision; exert the politics influence.