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The Research On Reducing Pressure Of RMB Appreciation Under National Value Standard

Posted on:2012-05-10Degree:MasterType:Thesis
Country:ChinaCandidate:Y Y ZhengFull Text:PDF
GTID:2219330338954890Subject:Finance
Abstract/Summary:PDF Full Text Request
With fast growing of the economic capacity and international influence, the RMB exchange rate issue is becoming a common topic of global concern. As a vibrant and thriving economy body, It is deserved and understandable. However, the United States and Japan are wantonly attacking the RMB in the public international occasions. The international media in Europe also starts to actively and frequently focus on this issue by attaching great importance to, which makes the RMB exchange rate from the Chinese its inside to global world outside, from economic issue to political disputes, from academic dispute into seeking for international interest. In order to protect the whole nation interest and maintain the environment for sustainable economic growth, although facing deep pressure from various outside aspects, Our government had taken many effective steps to guarantee the comparative stability of the RMB currency exchange rate, hold the world financial order and maintain the global economic growth.At present, It is a great strategic significance to study the RMB appreciation for China's participation in international monetary cooperation, and promoting RMB to be one settlement currency in international trade. With the RMB Globalization procedure, RMB should not be completely dominated by the US dollar, On the other hand, it is a smart way to stick to our standard and take advantage of U.S. dollar to motivate RMB to be international reserve currency. In the aim of achieving the goal of prosperous rich country, it is inevitable to follow our state value standard and optimize our country's exchange rate system.This article is divided into seven parts:Chapter One: Introduction. Describes the background and significance, how to choose the exchange rate regime on domestic and international research and application status, the research ideas and methods, and possible innovations.Chapter II: description of international causes of RMB appreciation. This chapter details the U.S. dollar spam disorder the international monetary system, the European and Japanese monetary system is too weak to against the U.S. dollar.ChapterⅢ: Introduction of international standards and the theoretical basis of national values. This chapter is the theoretical support. ? details of Adam Smith, Marx, Keynes and other economists'discussion in the international monetary system management principles.ChapterⅣ: Game between International values and national values. Mainly the game between U.S. dollar and the euro, game between the U.S. dollar, Japanese yen and RMB.Chapter Five: resolve pressure of RMB appreciation In accordance with Chinese own standard value. Whether appreciation or not of the RMB is China's national sovereignty. Chinese government adopts self-determined exchange rate system according to the level of economic development and makes it play a leading role in the international financial system.ChapterⅤ: countermeasures our government handled in the international monetary game. Recommended to properly handle our relationship between RMB and US dollar and improve the relationship between the RMB and the euro, the establishment relationship of the RMB with the Japanese yen and other Asian currence.ChapterⅦ: Conclusion. This paper summarizes the lack of innovation and research, defined the direction of future research.
Keywords/Search Tags:National Standards, RMB Appreciation, Game, US dollar, Euro, Japanese Yan, International Monetary System
PDF Full Text Request
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