货币合作还是货币战争？--中美在国际货币体系改革中的利益导向和合作前景

Monetary Cooperation or Monetary War—Interests and Cooperation Prospects of China and the US in International Monetary System Reform

国际货币格局的变化是必然而又长期的过程,美元在可以预见的未来仍将居主导地位,人民币的国际地位不断提高,国际货币体系正在向着更加多元化的方向发展。中美都是当前国际货币体系的重要利益攸关者,中美既处于不同的发展阶段又处于同一个开放经济体系的独特地位使两国存在着开展货币合作的需要和可能性。中美货币合作的优先方向包括:以深化实体经济合作促进中美新型货币关系;推动构建多元国际储备货币体系;改善汇率调节机制;共建全球货币互换网络;探索建立区域与全球相结合的基于规则的国际货币秩序。

The international monetary landscape is set to undergo changes in the long term.The US dollar will continue to dominate the international monetary system in the foreseeable future while the yuan has been on the rise in terms of international influence.The international monetary system thus is becoming more pluralistic.China and the US currently are two major stake-holders of the international monetary system.While they are in different development stages,the two countries are in the same open economic system.Such a unique scenario means it is necessary and possible for the two countries to conduct monetary cooperation.In carrying out monetary cooperation,the two sides should give priority to promoting the establishment of a pluralistic international reserve currency system,improving the exchange rate adjustment mechanism,jointly building a global currency swap network,making efforts to establish a rule-based international monetary order that caters to both regional and global situation,and promoting a new-type Sino-US monetary relationship through deepening real economy cooperation.