国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Economy

Nobel laureate: Time for China to play stronger role

(Xinhua)
Updated: 2011-07-05 16:55
Large Medium Small

BEIJING -- The timing is right for China to play a stronger role in reforming the global financial order, and there should be a "global reserve currency" ?with China as a part of the basket, said Joseph Stiglitz on Tuesday in Beijing, in an exclusive interview with Xinhua.

"It is important for China to play a much more important role in the global economy to serve both China and the world,"?said Stiglitz, a Nobel Laureate in Economic Sciences and a professor at Columbia University.

He made the remarks at the 16th World Congress of the International Economic Association (IEA) held at Tsinghua University -- where world renowned economists gathered for the five-day congress.

Stiglitz said the rules of the global economy are directed by developed countries, with a great deal of influence exerted by the large financial institutions within these countries, which don't benefit the United States or the world.

Related readings:
Nobel laureate: Time for China to play stronger role Nobel laureate: No single Third Way but balance and variations
Nobel laureate: Time for China to play stronger role??Nobel economics prizes focus on policy, regulation
Nobel laureate: Time for China to play stronger role Nobel laureate shares views on China's economy

Furthermore, he added, the free market ideology dominates within the United States and has a disproportionate role in its policies.

"China has been both more pragmatic and balanced. Given China's increasing role in the global economy, it's ?time for China's voice to be more strongly heard," he said. "China brings a different view to the table of global debate."

Stiglitz said some US' policies have really hurt the poor, as the government allowed banks to engage in excessive risk taking and predatory (exploitive) lending.

He believes China should prompt discussions on how global institutions such as influential banks should reform and play appropriate roles in the global economy.

China has one third of the global reserves, so China should have some say over what the global reserve system should look like, he said.

"The current system, where a single currency dominates as a reserve, is an anachronism in the twenty-first century," Stiglitz said, adding that a reformed system could enhance global stability, strengthen global growth and be more equitable.

"China's renminbi should ?be a part of any global composite reserve currency, such as the special drawing rights (SDR)," he noted.

分享按鈕
定西市| 平度市| 罗田县| 东兰县| 汝州市| 鄂托克前旗| 丽水市| 游戏| 宾川县| 鹤山市| 泗洪县| 杂多县| 儋州市| 永嘉县| 大同市| 砚山县| 合肥市| 开阳县| 金山区| 剑川县| 桦川县| 姚安县| 福建省| 富源县| 卓资县| 项城市| 迭部县| 长春市| 营山县| 中超| 扬州市| 简阳市| 东乌| 胶南市| 柳江县| 扎囊县| 大同市| 铜山县| 红安县| 宜州市| 陆良县|