search query: @indexterm ECONOMIC INTERDEPENDENCE / total: 23
reference: 4 / 23
| Author: | Yu, Tongshen |
| Title: | Economic globalization and currency sovereign rights of developing countries (original in Chinese) |
| Journal: | Journal of People's University of China (c)
1999 : 6, p.49 |
| Index terms: | ECONOMIC INTEGRATION ECONOMIC INTERDEPENDENCE CURRENCY DEVELOPING COUNTRIES |
| Language: | chn |
| Abstract: | Under circumstances of economic globalization the developing countries' exchange rate system, which aims at steady development, has met with severe challenge. In the face of this challenge some developing countries intend to give up their own currency and use American dollars instead. However, there is evidence that the policy of giving up sovereign rights of currency can not rally help prevent or resolve problems of financial crisis. Therefore, other strategies should be resorted to. |
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