www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

chinadaily.com.cn
left corner left corner
China Daily Website

China could help restore monetary system: Mundell

Updated: 2012-11-14 22:08
( Xinhua)

HONG KONG - Robert Mundell, known as the " Father of euro", said in Hong Kong on Wednesday that China could help restore international monetary system, ?and the stabilization of the dollar-euro exchange rate would help China avoid large problems.

Sharing his views on "Risk Factors in the World Economy and the Exchange Rate System" at the Hong Kong Polytechnic University ( PolyU)'s 75th Anniversary Conference, Mundell said there are several problems of the present international monetary system, such as no universal unit of account, no international anchor for currency stabilization, wild swings of major exchange rates and wild swings of raw material prices.

He said these problems are all related to structural changes in the international monetary system: the mainstream of the world economy originally represented by the dollar has split into two parts as a result of the rise in importance of the euro.

He called for fixing the dollar-euro exchange rate, saying that as for China, the stabilization of the dollar-euro exchange rate would help China avoid the large problems that arise from instability with other currency areas, particularly the euro area.

Mundell, who won the Nobel Prize in 1999 for research which helped lay the foundation for Europe's single currency, said China could be made a part of the stabilization if it moved toward a convertible currency and cooperated in the adjustment mechanism.

He added that if the yuan were made convertible, a new and larger monetary area could be created side by side with the dollar and euro. This would require a collective monetary policy based on monetary stability of the Dollar-Euro-Yuan (DEY) Area.

The Columbia University professor said within a few years if not today, the DEY area would encompass half the world's output. " The DEY could become the central pivot for a restored international monetary system."

Themed "Stabilizing the World Economy", the conference is one of the major celebratory events of PolyU's 75th Anniversary, addressing some of the pressing issues which have implications for the stabilization of the world economy, including the recovery of major economies and emerging markets, the impacts of the European debt crisis, the problems and solutions of having an Asian currency, and the role of the world currency system.

In recognition of Mundell's significant contribution, he was conferred the Honorary Degree of Doctor of Business Administration by PolyU in 2009.

8.03K
 
...
...
...
主站蜘蛛池模板: 国产成人一区二区三区精品久久 | 久久久精品2018免费观看 | 色老久久 | 日本一级特黄毛片高清视频 | 综合自拍 | 美女黄色在线网站大全 | 欧美性色高清生活片 | 久久国产免费观看精品1 | 奶交性视频欧美 | 欧美色欧美色 | 欧美精品一区二区三区免费 | 久久精品国产这里是免费 | 欧美色视频日本片免费高清 | 久久精品综合国产二区 | 久久久99视频 | 色色视频免费网 | 乱人伦中文字幕视频 | 久章草在线观看 | 亚洲99久久久久综合 | 国产成人综合95精品视频免费 | 精品国产成人在线 | a毛片全部播放免费视频完整18 | 日本欧美一区二区三区不卡视频 | 在线观看精品视频一区二区三区 | 国产女女视屏免费 | 成人韩免费网站 | 午夜日本一区二区三区 | 国产一级视频免费 | 一a一级片 | 国产女王s调视频vk 国产女王vk | 欧美在线一区视频 | 国产精品亚洲片在线不卡 | 91香蕉国产线在线观看免费 | 免费播放欧美毛片 | 国产精品一区亚洲一区天堂 | 大片毛片女女女女女女女 | 亚洲精品一区二区三区在线看 | 久久久毛片 | 日本欧美高清 | 欧美做a一级视频免费观看 欧美做爱毛片 | 免费看一级欧美毛片视频 |