| After the 1997 Asian financial crisis of southeast Asian nations are beginning to give up the dollar peg exchange rate policy,after the global financial crisis in 2008,but also exposed the dollar standard implied,losing $supremacy.At the same time in China in 2005 the first revaluation,in 2010 China's RMB revaluation,to join the SDR has accelerated the process of RMB internationalization,under the trend of RMB on the impact of the asean regional began to reflect.With the establishment of the CAFTAD,RMB internationalization trend of the realization of the asean regional,widening the influence of the asean region become the focus of many scholar's concern,is also the research objective of this paper.Against this background,this paper calculates the influence of the exchange rate fluctuations of the five asean countries on the basis of the model of the internal exchange rate.The first part of this paper introduces the background of topic selection,research significance,literature review at home and abroad,and research contents and methods.The second part is the basic introduction of the research theory of this paper,which mainly introduces the theory of optimal currency area and the theory of multi-core currency area.The third part briefly introduces the changes of the exchange rate system of the five asean countries and China,and introduces the background of the exchange rate system of the research in this paper,which lays the foundation for the empirical analysis below.The fourth part is the empirical analysis,introduces the exchange rate formation mechanism of inner decision model and the data source and the index selection,and based on this model to the asean five countries analyze impact of currency basket in various currencies.Based on the above analysis and research,the fifth chapter points out the problems faced by the RMB and puts forward the policy Suggestions for increasing the internationalization of the RMB. |
PDF Full Text Request