A Study on the Impact of the Inclusion of RMB in SDR on the International Monetary System Reform

DOI

10.2991/hsmet-17.2017.145How to use a DOI?

Keywords

RMB; SDR; International monetary system; Reform

Abstract

SDR is short for Special Drawing Rights and it is an international reserve asset created by the International Monetary Fund in 1969. Based on the author's research and practical experience, this paper firstly analyzed the event that SDR is included into SDR and then discussed the reform plan of the international monetary system which involves SDR. Finally, the article put forward the reform direction of the international monetary system under the new situation. The article pointed out that as economic power continues to grow since China adopted the reform and opening up, China has played an important role in global trade. Therefore, RMB will play a greater role in the new round reform of the international monetary system.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - He Li
PY  - 2017/02
DA  - 2017/02
TI  - A Study on the Impact of the Inclusion of RMB in SDR on the International Monetary System Reform
BT  - Proceedings of the 2017 International Conference on Humanities Science, Management and Education Technology (HSMET 2017)
PB  - Atlantis Press
SP  - 762
EP  - 767
SN  - 2352-5398
UR  - https://doi.org/10.2991/hsmet-17.2017.145
DO  - 10.2991/hsmet-17.2017.145
ID  - Li2017/02
ER  -