Constructing A Population - Based Study Of The International Monetary System

The international monetary system is very important in the field of the world economy. Countless scholars are actively seeking to explore the international monetary system,which is adapted to the development of the financial landscape. Jamaica monetary system leads sharp fluctuations to the world economy. The shadow of the financial crisis has not fully dispersed until 2015,the downward trend of the global economy has triggered a new round of discussions concerning the reform of monetary system.In this situation,how to set up the legitimate economic pattern corresponding to the monetary has been highly discussed.The outbreak of the financial crisis caused the shock of the economic profession,for the United States’important status and role in the global economic system,and the great number of people’s confidence in the U.S. economy development.Behind these problems are:economic pattern has significant changed,and the United States is no longer the only superpower monopoly on the lifeblood of the world economy. The rise of emerging markets and developing countries’great growing strength need to establish a new monetary system to meet the international solvency and to promote the development of trade.Compared to regarding gold as the standard currency and taking dollar as the standard currency system,using the population as a standard of the international monetary system will be more stable.The focus of the study in this article,which is also the key to the international monetary system reform,is to determine a reasonable standard currency.In the situation of using gold as the standard currency,duing to the limited amount of gold,it cannot satisfy the prosperity of commodity economy.The bretton woods system establishes a mixed standard between gold and the dollar,as a result of the existence of the triffin dilemma,it declines inevitablely.Jamaica system,using a"basket"of goods as a monetary standard,which includes more things,but also makes it difficult to accurate measurement,actually makes the monetary system in Jamaica has no definite standard currency.The number of its natural resources determines the number of people to feed, and population can decide a country’s currency circulation,therefore,when the population serves’as a currency anchor,trying to establish a new international monetary system will be a more viable option.The article contains following aspects:1、The first chapter mainly elaborates the cause of the monetary system construction and the significance of the study,theory of predecessors concerning the monetary system reform,development and tendency.The study briefly illustrates the research angle and the train of thought and its methodology.2、Discussing the formation,main content and the impact of the gold standard and the bretton woods system.Through in-depth research deepened the understanding of the evolution of the international monetary system,at the same time straighten out the idea for the following argument and laid a theoretical foundation.3、The monetary system of dollar standard’s links with the economic crisis and the currency war.The outbreak of the financial crisis tends to have strong destructive power and the influence range is wide,so how to reduce the frequency of the financial crisis and reduce its damaging effects are issues need to be solved.Throughout history appeared on the financial crisis,we may safely draw the conclusion that-unreasonable monetary system leads to frequent financial crisis.Existing monetary system has been unable to meet the needs of economic development and causing the overall economic insecurity. Therefore,it is necessary to build up a new monetary system.4、In the future,building up the currency system which uses population as a monetary standard. The main problem of monetary system research lies in the determination of monetary standard. Since gold has the limitation of natural,it cannot adapt to the prosperity of trade in goods.Because the value of dollar fluctuate greatly,it can bring adverse effect to the stability of the monetary system.Using the population as a monetary standard to establish global monetary system will be a more realistic choice.