简介:AsanimpactofInternationalFinancialCrisis,theGreeksovereigndebtcrisissuddenlyturnedup.SomeEuropeancountries'debtcrisisgotfurtherunveiled.Themountingriskofworldsovereigncrisiscouldbetheprincipalriskofworldeconomyandfinancialmarketaftertheinternationalfinancialcrisisandwouldthreatentheglobaleconomyrecovery.Theworldeconomy,unchainedfromtheinternationalfinancialcrisis,mightenterthenextphaseofsovereigndebtcrisis.
简介:OnJuly21,2005,thePeople'sBankofChinaannouncedanewreformplan,accordingtowhich,RMBwouldnolongerbepeggedtotheU.S.dollarbutwouldreformtheexchangerateregimebymovingintoamanagedfloatingexchangerateregimebasedonmarketsupplyanddemandwithreferencetoabasketofcurrencies.①ThereformisanimportantstepintheprocessofChina'sreformandopening-up.HenceithasspecialsignificanceforeconomicdevelopmentofChina.However,whatmeritsattentionisthatthepresentinternationalmonetaryregimeisunstable,financialsystemisveryfragileandbigpowershaveshownanunwillingnesstotakefinancialcooperation.②ThishasposedgreatchallengestotheprocessofRMBexchangeratereform.NowIwouldliketoexaminethepossiblerisksofthereformandthentrytomakesomesuggestionsthroughmakingsomeanalysisofthestatusquoofinternationalmonetaryandfinancialsystem.
简介:Humansocietyis,nostrangertorisk,buttheglobalchallengesandsecuritythreatsfacedbytheworldtodaymakeriskmanagementorcrisiscontrolmoreinevitableinsocialandnationalgovernance.Thegoalofcrisismanagementistoovercomedifferences,buildtrust,reduceoreliminateconflictriskandkeeptheoveralllayoutasnormal.Crisiscontrol,aswellaseconomicconstruction,thelegislativeagenda,andsocialmechanismsaretwosidesofnationalgovernance.AgainstthebackdropoftheexpansionofChina-USexchangesandcommunicationandChina'srisingstrengthandglobalinfluence,therehavebeenmanypolitical,economicandmilitaryfrictionsbetweenChinaandtheUnitedStates.
简介:Asmanycountrieshaveenteredanewperiodofadjustmentanddevelopmentalcompetitioninthewakeofthefinancialcrisis,someprofoundchangesandtransformationshaveinevitablytakenplaceintheinternationalstrategicconfigurationandtheinternationalorder.AstheconnotationsandconditionsofChina’snew