2009Innovation The European Journal of Social Science ResearchRequires access

Thinking about the Reform of International Monetary System under the Finance Crsis

Wenjin Jiang

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Abstract

The US subprime crsis spread to the world and became the financial crsis, which made U.S. dollar-dominated international monetary system reform faced challenges,and the international monetary system reform on the agenda again. This article will introduce something about international monetary system reform, analyze the defects of international monetary system which is reflected by financial crsis,then give some reform proposals.

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The US subprime crsis spread to the world and became the financial crsis, which made U.S. dollar-dominated international monetary system reform faced challenges,and the international monetary system reform on the agenda again. This article will introduce something about international monetary system reform, analyze the defects of international monetary system which is reflected by financial crsis,then give some reform proposals.

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Available abstract

The US subprime crsis spread to the world and became the financial crsis, which made U.S. dollar-dominated international monetary system reform faced challenges,and the international monetary system reform on the agenda again. This article will introduce something about international monetary system reform, analyze the defects of international monetary system which is reflected by financial crsis,then give some reform proposals.

Key concepts: Monetary system, International finance, Liberian dollar, Monetary hegemony, Economics, Monetary reform, Financial system, Monetary policy

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