Issues between the Department of International Finance and the Department of World Economy

1.The Department of International Finance is a major under Finance, and the Department of World Economy is a major under Economics. Strictly speaking, there is no bias between the two that is more theoretical or more practical.

However, there is no difference, world economics must include the field of international financial research, covering a wider range of knowledge fields: for example, it also studies industrial economy, ** system, world politics and other fields. International finance is only a point, but this discipline is more "specialized" and more in-depth than world economics.

2.There is no substantial difference in the employment of the two majors, and they can both serve the enterprise and the enterprise; They can also be in practical positions, or in research fields that provide policy references in more theoretical fields. The education system of finance in China is still in the stage of improvement, and the future development direction will definitely be more professional, and the contrast between the two majors will be more obvious.

3.The international financial sector must be the National People's Congress, Peking University, and Fudan University.

The School of Finance of Chinese Minmin University is one of the first schools to set up this major, and there are a large number of excellent teachers, you must have heard of it.

Peking University itself is famous for its School of Economics, and if you want to pursue a higher level, there is Guanghua School of Management to make you greedy.

Fudan and Shanghai have great potential for development as the next international financial center, and Fudan University also has an international financial research center.

In addition to the above three schools, the corresponding majors of the Institute of World Economics of Nankai University and the School of Economics of Xiamen University are also good.

PS: These two majors are national key disciplines in these schools, and their strength is undoubted.

4.As for the majors that make more money, there is no actual data to explain it, and it is intuitively estimated that the employment and income of international finance are more popular.

Some things are arranged by providence, if you want to make a fortune, it depends on whether you are suitable for studying finance, does the landlord understand?

Respect your hobbies and don't let society dictate your life's pleasures.

** amount refers to the amount of foreign exchange sold by the bank, and the amount of purchase refers to the amount of foreign exchange ** of the bank. At the end of a business day, the bank is in a flat state when the amount of foreign exchange is equal to the amount purchased. When the bank sells more foreign exchange than ** foreign exchange in a day, it is short, that is, the bank does not have the foreign exchange in hand at the end of the business but sells the foreign exchange first.

When the bank sells more foreign exchange than sells the foreign exchange in a day, it is long, that is, the bank holds the foreign exchange at the end of business.

It is the long that buys short, but the long is not necessarily the short buy. Long refers to the foreign exchange person, when the foreign exchange is borrowed by way of borrowing, that is, short buying.

**The amount is the quantity sold, and the purchase amount is the amount bought. What is bought is called a long position, and what is sold becomes a short position.

Open small countries, so the ** products ** are affected by the world market, and the prices of their own countries do not affect the **.

Low capital flows can be seen as negligible capital flows due to changes in interest rates.

can be used as denominated in US dollars).

Austerity fiscal policy generally has two implications: higher taxes and lower investment.

Domestic demand will decrease, reduce imports, and at the same time lead to a decline in domestic prices, increase exports (your own ** has fallen, international prices have not changed, your own costs have risen), resulting in a surplus.

After the surplus, there is a tendency to appreciate, and in order to maintain a fixed exchange rate, the central bank needs to release its own currency into the market and purchase foreign currency.

As a result, the amount of money in circulation increases.

There are two left, Goldman Sachs and Morgan Stanley, and the remaining three, Merrill Lynch was bought by Bank of America, Lehman Brothers went bankrupt, and Bellstone was bought by JPMorgan Chase.

In his book "The Crisis with the Dollar - The Future of Free Convertibility", the American economist Robert Triffin proposed that "because the dollar is pegged to the U.S. dollar, and the currencies of other countries are pegged to the U.S. dollar, although the U.S. dollar has achieved the status of the international core currency, but in order to develop the international currency, countries must use the U.S. dollar as the settlement and reserve currency, which will lead to the outflow of currency from the United States to continue to precipitate overseas, and there will be a long-term deficit for the United States; The premise of the US dollar as the core of the international currency is that the US dollar must maintain the stability and strength of the US dollar, which in turn requires the United States to be a long-term surplus country. These two requirements contradict each other and are therefore a paradox. This inherent contradiction is called the "triffin dilemma."

2. Member countries other than the United States must rely on the United States to maintain a continuous deficit in the balance of payments and continuously export dollars to increase their international solvency (i.e., international reserves), which will inevitably endanger the credibility of the dollar and shake the status of the dollar as the most important international reserve asset; On the contrary, if the United States wants to maintain a balance of payments and stabilize the US dollar, the growth of international reserves of other member countries will become a problem, which will lead to insufficient international solvency and affect international and economic growth. The dollar is actually in a dilemma. As early as the end of the 50s of the 20th century, this problem was put forward by the famous international financial expert Triffin, and became the famous "Triffin problem"; He also predicted the inevitable collapse of the Bretton Woods system because of this inherent contradiction, which was later proven.

The use of international loans requires the exchange of foreign currency into local currency, and if the exchange rate of the national currency appreciates, then the exchange rate of the local currency decreases, and the domestic exchange rate depreciates, then the exchange of the local currency increases, and then there is more money to buy things.

The state repays the loan is also a reason, you need to exchange the local currency for foreign currency to repay the loan, if the local currency appreciates then you can exchange the local currency for more foreign currency to repay the loan, if the local currency depreciates then you need more local currency to repay the loan.

So it's just a bit of a reversal.

1) International organizations play an important role in the international community. International organizations can promote exchanges, coordination and cooperation among sovereign states in the political, economic, cultural and other fields, mediate and resolve international political conflicts and economic disputes, and promote world peace and development. The G20 Financial Summit has played a positive role in restoring global economic growth and reforming the world financial system, which is conducive to world peace and development.

(2) The participation of international organizations in international affairs is restricted by many factors and has its limitations. The balance of power within international organizations is complicated, and there are contradictions of varying degrees among the members of the organization. As a result of the contradictions among members, the summit has led to more commitments and fewer practical actions, and the capacity of international organizations has been affected.