{"title":"人民币vs瑞士法郎作为世界货币的新金本位","authors":"Doc. Dr. Aleksandar Arsov","doi":"10.2139/SSRN.2635100","DOIUrl":null,"url":null,"abstract":"I refer in this research to the example like Japan, where initially are increased the interest rates on bonds. Only after the Bank of Japan made move the turnaround in interest rates took place then provided actually an economic crash in Japan. The International Monetary Fund (IMF) is currently investigating the inclusion of the Chinese currency, the yuan, in the currency basket of the IMF. To this date only the euro, the US dollar, the Japanese yen and the British pound are represented. Thus, China will play an increasingly larger role in the future in world monetary matters. The drama surrounding Greece is indeed close to the end - but how the solution will actually look like it is not yet clear. Basically, it can only rely on some sort of compromise. This puts the major stock exchanges in Europe and the US on alert. In the second half of 2015 international financial markets should fluctuate significantly more than in the first six months of 2015. Many parallels arise with the crisis year of 2008. At that time, the stock markets massively collapsed in the second half of a year. Smartphones and tablets as well as TVs and other consumer electronics are supplied by the Korean company. In particular, the smartphone boom has given the Samsung a great name. The task is whether the Giant Group can also offer a lot to investors. Despite the tension around the Greek crisis, the mood in the Switzerland is positive. Swiss investors are really something special. This is certainly due to the specific situation with its own currency in the middle of Europe.","PeriodicalId":126646,"journal":{"name":"PSN: Exchange Rates & Currency (International) (Topic)","volume":"3 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2015-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Chinese Yuan vs. Swiss Franc as a New Gold Standard for World Currency\",\"authors\":\"Doc. Dr. Aleksandar Arsov\",\"doi\":\"10.2139/SSRN.2635100\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"I refer in this research to the example like Japan, where initially are increased the interest rates on bonds. Only after the Bank of Japan made move the turnaround in interest rates took place then provided actually an economic crash in Japan. The International Monetary Fund (IMF) is currently investigating the inclusion of the Chinese currency, the yuan, in the currency basket of the IMF. To this date only the euro, the US dollar, the Japanese yen and the British pound are represented. Thus, China will play an increasingly larger role in the future in world monetary matters. The drama surrounding Greece is indeed close to the end - but how the solution will actually look like it is not yet clear. Basically, it can only rely on some sort of compromise. This puts the major stock exchanges in Europe and the US on alert. In the second half of 2015 international financial markets should fluctuate significantly more than in the first six months of 2015. Many parallels arise with the crisis year of 2008. At that time, the stock markets massively collapsed in the second half of a year. Smartphones and tablets as well as TVs and other consumer electronics are supplied by the Korean company. In particular, the smartphone boom has given the Samsung a great name. The task is whether the Giant Group can also offer a lot to investors. Despite the tension around the Greek crisis, the mood in the Switzerland is positive. Swiss investors are really something special. This is certainly due to the specific situation with its own currency in the middle of Europe.\",\"PeriodicalId\":126646,\"journal\":{\"name\":\"PSN: Exchange Rates & Currency (International) (Topic)\",\"volume\":\"3 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2015-07-23\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"PSN: Exchange Rates & Currency (International) (Topic)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/SSRN.2635100\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"PSN: Exchange Rates & Currency (International) (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/SSRN.2635100","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The Chinese Yuan vs. Swiss Franc as a New Gold Standard for World Currency
I refer in this research to the example like Japan, where initially are increased the interest rates on bonds. Only after the Bank of Japan made move the turnaround in interest rates took place then provided actually an economic crash in Japan. The International Monetary Fund (IMF) is currently investigating the inclusion of the Chinese currency, the yuan, in the currency basket of the IMF. To this date only the euro, the US dollar, the Japanese yen and the British pound are represented. Thus, China will play an increasingly larger role in the future in world monetary matters. The drama surrounding Greece is indeed close to the end - but how the solution will actually look like it is not yet clear. Basically, it can only rely on some sort of compromise. This puts the major stock exchanges in Europe and the US on alert. In the second half of 2015 international financial markets should fluctuate significantly more than in the first six months of 2015. Many parallels arise with the crisis year of 2008. At that time, the stock markets massively collapsed in the second half of a year. Smartphones and tablets as well as TVs and other consumer electronics are supplied by the Korean company. In particular, the smartphone boom has given the Samsung a great name. The task is whether the Giant Group can also offer a lot to investors. Despite the tension around the Greek crisis, the mood in the Switzerland is positive. Swiss investors are really something special. This is certainly due to the specific situation with its own currency in the middle of Europe.