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Author:Zhang, Shi
Title:The change of the international monetary structure as well as development prospects with the boosting of euro (original in Chinese)
Journal:International Economics and Trade Research (c)
1999 : 6, p.33-35
Index terms:ECONOMIC POLICY
CURRENCY
INTERNATIONAL MONETARY SYSTEM
Language:chn
Abstract:It has been a year since Euro boosted but it is not as strong as expected. The article makes an overall analysis of the impact of Euro on the international monetary system and gives comment on the strong trend of US dollars, indicating that US dollars will still have an dominant role in a short term but in a long term a new international monetary structure will be formed in which the proportion of US dollars, Euro and Japanese yen will respectively reach 50 percent, 30 percent and 15 percent.
SCIMA record nr: 206690
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