What are the main differences between the development of Chinese and foreign monetary systems?

The development of currency is based on the needs of its own national conditions, and it has a certain commemorative significance.

The institutional development of this kind of currency is mainly to promote humanity. Development of productive forces.

What are the main differences between the development of Chinese and foreign monetary systems? The main difference between them is to be treated differently, depending on some of the points to watch.

The development of the foreign monetary system was mainly caused by the monopoly economy with them.

What are the main differences in the development of the monetary system with appearances.

What are the main differences between the development of Chinese and foreign monetary systems? Economic development, of course.

1.Due to the outbreak of the First World War in 1914, the participating countries banned the export and the exchange of paper money, and the international gold standard was seriously weakened. The international gold standard finally collapsed under the impact of the Great Economic Crisis of 1929-1933, and the international monetary system was in disarray, until 1944, when a new international monetary system, the Bretton Woods system, was rebuilt.

2.Introduction to the International Monetary System:

Also known as the "International Monetary System". It refers to the organizational form of international currency circulation. In order to solve the needs of international payment means and international reserve assets in international settlement, all countries in the world have established a set of principles, methods, rules and regulations and institutions related to all aspects of international currency circulation, including the convertibility of national currencies, the exchange rate system, the adjustment mechanism of the balance of payments, the international settlement system, the international reserve system, international monetary relations and other international financial affairs.

3.Related systems:

The fixed exchange rate system is mainly expressed in the peg exchange rate system. It refers to the practice of a country in which its national currency is fixed against a foreign currency or a basket of currencies. This peg is different from the peg to the dollar under the Bretton Woods system, because at that time the dollar was pegged to **, and the gold parity of the dollar was fixed.

After the collapse of the Bretton Woods system, the currencies to which some countries were pegged to fluctuated exchange rates. Therefore, a fixed exchange rate system should be a floating exchange rate system in nature.

4.International development: In July 1944, the "International Monetary and Financial Conference of the United Nations Union Countries" was held in Bretton Woods, New Hampshire, USA, attended by 44 countries, and the "International Monetary Agreement" and the "International Bank for Reconstruction and Development Agreement" based on the "White Plan" were adopted, collectively known as the "Bretton Woods Agreement".

This agreement established a capitalist monetary system centered on the dollar. The main contents of the Bretton Woods system are: (1) based on **, with the US dollar as the most important international reserve currency, the implementation of the "double peg" international monetary system, that is, the US dollar is directly linked to **, and the currencies of other countries are pegged to the US dollar.

2) Implement a fixed exchange rate system. (3) The International Monetary Organization** guarantees the provision of supplementary reserves** to Member States through pre-arranged financial facilities.

One. What is a monetary system.

The monetary system is a system formed by the state stipulating the relevant elements of currency and the organization and management of currency circulation, and a perfect monetary system can ensure the stability of money and currency circulation, and ensure the normal performance of various functions of currency.

Two. A brief history of the evolution of the monetary system.

The development of the monetary system is from the metal monetary system to the credit monetary system, which has experienced the "silver standard", "gold and silver double standard" and "gold standard", and the credit monetary system is the "paper money standard" that prevails in contemporary times.

Three. The specific form of the monetary system.

Metal currency system: including the silver standard, the gold standard, and the gold and silver double standard.

The non-cashing credit money system, which is characterized by:

1) The currencies in circulation are all credit money, which is mainly composed of cash and bank deposits, and they all reflect a certain credit relationship.

2) Currency in real life is all.

The specific form of the monetary system and the monetary system of our country.

It is put into circulation through the business of financial institutions. It is fundamentally different from metal money entering circulation through free minting.

3) The state's management and regulation of credit money has become a necessary condition for the normal development of the economy, and this regulation and control is mainly realized by the use of monetary policy by the first bank.

1. Determination of the exchange rate of the currencies of various countries. It includes the basis for determination, the limits of fluctuations, the extent of adjustments, and the measures taken to maintain currency exchange rates; 2. The convertibility of national currencies and the measures taken for international payments; 3. Determination of international reserve assets and the best way of reserve assets; 4. Balance of payments adjustment; 5. Principles of international settlement.

International Monetary Agreement**.

1. Purpose. Article 1 of the agreement clarifies the purpose of the agreement in six aspects: to seek balanced international development through international monetary cooperation and the stability and liberalization of foreign exchange.

Since its inception, the organization has been a worldwide institution for the study, coordination and supervision of international monetary relations. 2. Functions and business scope. One of its functions is to ensure the smooth functioning of the international monetary system established by the Breychan-Leadton Woods Conference through operational activities and to monitor the implementation of the Agreement; The second function is to use its power to approve loans and supervise the use of loans to exert influence on the fiscal and monetary policies of small and medium-sized countries.

**The main business of the organization is the issuance of medium-term loans. 3. Organizational system. **The highest authority of the organization is the Board of Directors, and the day-to-day business is handled by the Executive Board.

Summary. I used to work in a bank, where I was responsible for the formulation and implementation of monetary policy, as well as the management of the monetary system. The monetary system refers to the monetary system of a country or region, which defines the types of money, the issuing institutions, the amount of issuance, the mode of circulation, etc.

Monetary policy refers to the measures taken to control the amount of money, adjust the value of money, and achieve the goal of economic development. Monetary policy can be achieved by adjusting interest rates, monetary volume, currency circulation, etc. In general, the monetary system refers to the monetary system of a country or region, while monetary policy is the measure taken to control the amount of money, adjust the value of money, and achieve the goal of economic development.

Extended content: The development of monetary system and monetary policy is essential for economic development, they can help control inflation, stabilize the exchange rate, promote economic growth, and improve people's living standards.

I used to work in a bank, where I was responsible for the formulation and implementation of monetary policy, as well as the management of the monetary system. The monetary system refers to the monetary system of a country or region, which defines the types of money, the issuing institutions, the amount of issuance, the mode of circulation, etc. Monetary policy refers to the measures taken to control the amount of money, adjust the value of money, and achieve the goal of economic development.

Monetary policy can be achieved by adjusting interest rates, monetary volume, currency circulation, etc. In general, the monetary system refers to the monetary system of a country or region, and monetary policy is the most important measure taken to control the amount of money, regulate the value of money, and achieve the goal of economic development. Extended Content:

The development of monetary system and monetary policy is crucial to economic development, they can help control inflation, stabilize the exchange rate, promote economic growth, and improve people's living standards.

Can you add, I don't quite understand it.

The monetary system refers to the type of currency, currency issuing institutions, currency circulation methods and currency circulation scope adopted by a country or region, while monetary policy refers to the policy measures taken to control the circulation of currency and the slag. The monetary system is a kind of macroeconomic policy formulated by the government, which is the basis for controlling the circulation of money, while the monetary policy is the policy measure taken to control the circulation of money and circulation, and it is the means of controlling the circulation of money. The monetary system is a kind of macroeconomic policy formulated by the government, which is the basis for controlling the circulation of money, while the monetary policy is the policy measure taken to control the circulation of money and circulation, and it is the means of controlling the circulation of money.

Therefore, the monetary system and the monetary policy are complementary to each other, and together they constitute the monetary system of a country or region.

View the answer analysis [Correct answer such as the hungry servant] (1) Legalize the existing floating exchange rate system and other floating exchange rate systems.

2) ** Demonetization.

3) Diversification of international reserve assets, and it is recommended to use SDRs as the main reserve assets.

4) Diversification of forms of balance of payments adjustment.

Answer Analysis] This question examines the main content of the Jamaican system. See textbook p330. Limb parsley.

China's monetary culture is splendid and splendid, and China's monetary history spans more than 3,500 years. In China's pre-Qin period, livestock, animal skins, pearls and jade, shells, cloth and metals were used as currency, China is the world's earliest country to mint copper coins, in 1500 BC, the Shang Dynasty had copper shell coins; In 800 B.C., in the early Spring and Autumn Period, there were bronze cloth coins and knife coins; The Book of Poetry "Hooligans": "Hooligans, hugging cloth trade silk, bandits come to trade silk, come to me to see" In 119 BC (the fourth year of Emperor Wu of the Han Dynasty), there were deer skin coins; In 1023 A.D. (the first year of Song Renzong's Tiansheng), Jiaozi was established and paper money was issued.

The main forms of modern credit money are cash and deposits.

The main contents of the monetary system include: (1) the determination of monetary materials, (2) the name, unit and standard of currency, (3) the standard currency, auxiliary currency, and their solvency, (4) the issuance guarantee system.

Since the first batch of coins minted in the late Shang Dynasty, China began to enter the metal currency system, and until today's paper money-based monetary system, the monetary system has been used in the field of commodity exchange in China for more than 3,000 years, making immortal contributions to the prosperity of the Chinese nation and laying the groundwork for China's backwardness in modern times.

Ancient Monetary System Since the Shang Dynasty began to have metal money in circulation, China did not have a definite standard currency and standard system, and gold, silver, and copper were generally in circulation. After Qin Shi Huang unified the six kingdoms, it began to implement the copper standard. Copper is also the main body of money in ancient times, but in fact, it is still a composite standard, and gold, silver and copper can be circulated.

Theoretically speaking, ancient China was relatively closed and metallic money, so there should be no inflation, but in order to solve financial problems or for the purpose of plundering people's wealth, those in power often reduced the weight of metal coins, or lowered the fineness of the legal metals in metal coins, and issued large-denomination non-standardized metal coins, which caused inflation. It is worth mentioning that the more convenient and advanced paper-based system appeared in the prototype of Emperor Wu of the Han Dynasty, and the "Jiaozi" in the Song Dynasty was officially appeared, but due to the lack of a sound management system and excessive issuance, it could not be fulfilled and lost the support of the people. As Lenin said:

The indiscriminate issuance of money is a form of forced public debt. I believe that the ancient monetary system made a great contribution to China's development, but there were also many problems, which is also one of the reasons for the change of some dynasties.

The monetary system of modern times The monetary system developed to the Qing Dynasty, and the mainstream view was that it was a silver standard, and I was more inclined to the silver and copper standard. In any case, there has been little progress in China's monetary system. At that time, the Western powers were on the gold standard.

The gold standard is far more advanced than the silver standard. There are major flaws in China's monetary system, and the Western powers have joined hands to block China's currency market, and both China's exports and imports have become a tool for the Western powers to plunder China's wealth and a means of exploiting China. Because gold and silver are cheap in the international market, China's gold-silver price ratio is different from that of the international market, resulting in a large outflow of gold and causing huge losses to China.

It has also led to the decline of China at the economic level.

Modern Monetary System There is no doubt that China is now practicing a paper standard, and before liberation, there were frequent wars and a chaotic monetary system. On the eve of liberation, under the leadership of Dong Biwu and with the support of many parties, the People's Bank of China was established, the first set of renminbi was issued, and a unified and independent new Chinese monetary system was established, laying the foundation for new China. Since then, China's monetary system has become increasingly perfect.

With reform and opening up, China's accession to the WTO, and so on, China has been integrated into the tide of the world economy. At present, the world's currency in circulation is dominated by the US dollar, and the rules of international trade and financial games are all designated by the developed countries of the West; China is at a disadvantage and often has no right to speak; China imports and exports a large number of goods, but it still has the power to set prices, and it is still controlled by others. Therefore, the innovation and development of China's modern monetary system is imperative, and it can be said that there is a long way to go.