The Reform of the International Monetary System

Xiao Chen

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Global Financial Crisis and Policies Monetary Policy and Economic Impact Economic, financial, and policy analysis

Abstract

We analyzed the current four kinds of reform programs,which included returning to the Gold Standard,the implementation of the Bretton Woods System,the establishment of the Super-national Monetary Sovereignty and the achievement of the Independent Floating Exchange Rate System,taking the advantages and disadvantages of the historical International Monetary System into consideration.

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