重构国际货币体系的内在力量来自何处?

Where is the Intrinsic Power of Restructing the International Monetary System?

这次金融危机暴露了以美元为主导的国际货币体系的根本性制度缺陷,长期来看,美元衰弱的趋势不可阻挡,但目前美国仍然是世界上最为发达的经济体,美元还是最重要的全球储备货币。短期内美元的坚挺对全世界来说是重要的,贸然采取"激进式"的改革方式只能导致国际货币体系更加混乱。最好的办法就是培育欧元、日元、人民币等多元货币的竞争力量,形成对美元的制衡和监督机制,重构一个多元化的国际货币体系。中国应该借鉴欧元、日元国际化的经验,为多元化国际货币的存在与人民币的国际化创造积极条件。

This financial crisis reveals the fundamental institutional defects of the international monetary system denominated by the USA,in the long run the dollar will inevitable depreciate.However,the USA remains the largest economy,the dollar is the most important global reserve money,in the short run the stability of dollar′s value is necessary for the world,the aggressive reform will take the international monetary system into a more chaotic state.The best way is to cultivate the other competitive powers such as EURO、Japanese Yuan、RMB as a check-and-balance mechanism,paving the way for a more diversified international monetary system.China should draw the lessons from the global strategy of EURO,Japanese Yuan,and create the positive conditions of a more diversified global monetary system and the globalization of RMB.