The international currency pattern is the core of the international financial order，and the international financial order is one of the important contents of post -war liberal international order。History，International order requires specific international currency pattern to support，and the reconstruction of international order is usually first manifested as the reconstruction of the international currency pattern。But，The current changes in the international currency pattern have fallen into the "balanced dilemma"，That is, a relatively stable state that the international monetary system reform reaches or continues to approach the optimal state。At this time，The behavior of the main country continues to maintain、Accepting or unable to change the existing pattern alone，Many issues of the international monetary system continue。This dilemma is one of the important reasons that lead to vague changes in international order and the situation.，and thus make the analysis of the changing path of the international currency pattern more urgent。

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The current international currency system，It is essentially the continuation of the post -war Bretton Forest system，The international currency pattern presents a hegemony currency (USD)、An important currency (euro) and several major currencies (RMB、pound、Jen、Canadian Currency、Australian dollar, etc.) "1+1+X" mode composed of)。Different currencies with large differences in importance and influence，Together constitutes a "center -peripheral" international currency structure，Among them, the US dollar is located alone in the center，Other currencies are located in a non -mid -center position with different Bet365 lotto review structures。The influence of the RMB is continuously expanding，But as of now, it is still only the peripheral currency in this structure。

Many problems under the Bretton Forest system also continue to this day，New changes have appeared。At the national level，The domestic policy of the internationalization of sovereign currency still exists，But in the era of the Bretton Forest System，The dollar has no constraints at the international system，becomes more unscrupulous，The international power attributes of the main currency are becoming more and more prominent。At the national level，exchange rate fluctuation and disorder、Capital multinational speculation and disorderly flow bring financial and economic risks to the centers and peripheral countries，Financial dependence as a policy weapon used by the central country，policy options for the internationalization of the US dollar and the internationalization of the country to become a non -central country，The game of monetary power between the country。At the international level，International income and expenditure imbalances have long been a stubborn disease for the international monetary system，But the degree of imbalance is unprecedented，The method and cost sharing of imbalance adjustment have become the focus of controversy in major countries，"Credit Logic" under the Bretton Forest System has developed into "debtor logic"。other，Related international organizations, especially the International Monetary Fund Organization、The World Bank and other traditional international financial organizations perform inefficient performance，Basically continued the operation method after World War II、Operating mode and power structure。

Face these problems，Reform demand is urgent，But restore the golden standard or the Bretton Forest System、Replace the US dollar with non -sovereign currency as the majority of potential paths such as international bet365 Play online games currencies is lower feasibility.。Comparison of comparison，There are two paths more feasible，It deserves further inquiry。One is the path of progressive change of the international currency system。This path focuses on the macro level of the international currency system，Try to promote the gradual adjustment of the international currency pattern as a whole，But the implementation of this path still has more difficulties。On the one hand，The international system has path dependencies，Once established，It is difficult to carry out large -scale reform，The global financial crisis that occurred in 2008 failed to promote revolutionary changes in the international currency system。The theory of the gradual change of the international system has not clearly revealed the way and mechanism of the progressive change of the system。On the other hand，The United States as the leading country of the international currency system，It will obstruct any reform that violates its interests，The international system competition is getting stronger。

Another is the country's other path。This path focuses on specific currency，Focus on how these non -center currencies through their internationalization，From micro to macro、Promoting the adjustment of the international currency pattern from bottom to top。From the historical perspective，The internationalization of sovereign currency will not naturally produce with national strength，The active strategy of the country is an important factor in promoting the internationalization of sovereign currency。In terms of RMB，RMB internationalization is conducive to the stability of the international monetary system，But its process is undulating and full of challenges。How to use the RMB internationalization，Effectively promote the benign adjustment of the international currency pattern，Become an important issue。

　　resistance of RMB internationalization

The resistance of the RMB internationalization mainly comes from the following three aspects。

1 is the imprisonment of the dollar。As an hegemonic currency，US dollar has long occupied the core position in the international economic and trade system，This will generate the effect of hegemony currency。Bet365 app download This exclusive effect stems from the United States' active defense of its international currency status，It is also manifested as the external nature of international currency，that is, as more and more market entities and countries choose the US dollar，Give up the cost of using the US dollar will increase。Therefore，Whether it is a country that is closely established with the United States, a country with a high degree of political and economic connections，It is still a peripheral country that does not directly establish a direct economic and trade relations with the United States，After entering the international market，All extent will generate a certain degree of US dollar dependencies，The dollar has formed a huge scope of power globally。

Second, the strong spilling effect of political relations on monetary policy。International relations practice reflects obvious political priority tendencies，When the political relations between two countries are good，Its economic and trade relations、Currency cooperation will get better development，Otherwise, there is uncertainty。The economic and trade relations of the two countries may not be able to promote the in -depth development of the political relations between the two countries，Therefore，The strategy and policy of the RMB internationalization will be affected by the fluctuation of political relations。Especially in the context of the changing period of international order and the enhancement of great powers，Political games between major powers have a direct negative impact on the internationalization of the RMB，There is also a logical phenomenon that also appears -in Korea、Japan、EU and other countries or economies that have established close economic and trade exchanges with China，RMB internationalization is still difficult。

Third, the domestic foundation of RMB internationalization is relatively weak。Unprecedented opening of the capital bet365 live casino games account、Dear and breadth of the financial market、Insufficient marketization of the exchange rate system、Many factors related to each other in the RMB international circulation channels，The domestic foundation that makes the RMB internationalization is not solid。

　　The internationalization of RMB internationalization

Break these three resistance，You can try to adopt a national strategy。For the internationalization of RMB，National Strategy can be understood as，According to the different situations of the specific countries or economies，Use differentiated and refined methods and methods to increase the use of RMB。The first step of the national strategy is to sort different countries or economies，To determine the order of promoting the target object of the RMB，This sorting process can follow the following three steps。

First，Analysis Determine the sphere of influence of the currency of major countries。There are multiple indicators for the scope of the scope of currency forces，International currency function is common indicators，You can also try to build a comprehensive indicator system，Precise measurement of major currencies (especially US dollars and euros) in the global sphere of influence。The current basic assumption is，The internationalization of the RMB should take the edge zone of the scope of the main currency forces or the sphere of influence of the non -main currency，As a priority area，The countries or economies in the priority area should also have a sequence。

Second，Measure bilateral political relations。In the preferred area，It can be roughly classified to the country or economy according to the political relationship of bilateral bilateral during a specific period。Countries or economies with relatively better political relations，It is easier to promote the internationalization of sovereign currencies through official strategies and policies。indicators to measure bilateral political relations can be constructed with event data。

third，Measure bilateral economic and trade relations。Stable in political relations，Bet365 lotto review At the same time, it is not the main currency, especially the scope of the hegemonic currency，Determine a priority order in accordance with the tightness of economic and trade relations。According to this logic，Through quantitative research, it can be sorted by related countries or economies，In order to promote the internationalization of the RMB，From this promoting changes in the international currency pattern。More emphasis on economic conditions with finance and economics、At the level of economic factors, the point of view of the target object of currency internationalization is different，National Strategy emphasizes the scope of currency forces and political relations，Disciplinary perspective of international political economy。

In addition to the selection of order，The internationalization method and method of RMB for specific countries or economies is another important content of the country's unique strategies。From the transformation of currency strength to monetary power，Not an automatic process，Active strategy of the country。In the historical process of the US dollar，The United States uses a variety of positive and negative strategies，such as military threats and action、Economic Sanctions、Economic Inspiration、diplomatic mediation, etc.。At least the positive strategy is the internationalization of the renminbi to learn from，and these strategies should be formulated separately for different countries or economies。

In short，Through the country's strategy，RMB internationalization can enter a more refined new stage，The internationalization of the RMB provides a national path and living forces for the changes of the international currency pattern。The benign adjustment of the international currency pattern will help peaceful evolution of international order，Promote the construction of the community of human destiny。

　(Author Unit: School of Management of Zhou Enlai Government Management)