Tentative Discussion of Global Financial Imbalance

  •  Yong Zheng    


At present, the disorder change of the exchange rate, the interest rate rising have already posed the serious threat to the global economy continually growth. The global unbalance causes include the low American deposit level, the Chinese exchange rate lacking the elasticity, as well as Japanese, German and oil-producing country favorable balance.  In order to solve this problem, the developed countries and the developing nations must joint effort to reduce the serious unbalance of the whole world day by day, and at the same time, change International Monetary Fund’s role as the center of strengthening cooperation as well as resolving trade imbalance.  And the international economy finance organization must increase the voting rights of the developing nations.  Finally it pointed out that RMB revolution wasn’t the effective method to solve the Chinese and American trade gap.

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