THE 2008 financial crisis changed the course of global economic development.The introduction of quantitative easing monetary policy by major Western economies has caused the dramatic volatility in internat...THE 2008 financial crisis changed the course of global economic development.The introduction of quantitative easing monetary policy by major Western economies has caused the dramatic volatility in international financial markets,and the decline in exchange rates have become one of the major external risks to the development of many emerging and developing economies.More and more emerging countries are realizing that the global economic system dominated by the West can no longer serve the needs of the world’s current development and therefore there is an urgent need to create a new system of economic governance,one that is more equitable,fair,and inclusive.展开更多
The 2008 financial crisis changed the course of global economic development.The introduction of quantitative easing monetary policy by major Western economies has caused the dramatic volatility in international financ...The 2008 financial crisis changed the course of global economic development.The introduction of quantitative easing monetary policy by major Western economies has caused the dramatic volatility in international financial markets,and the decline in exchange rates have become one of the major external risks to the development of many emerging and developing economies.More and more emerging countries are realising that the global economic system dominated by the West can no longer serve the needs of the world’s current development and therefore there is an urgent need to create a new system of economic governance,one that is more equitable,fair and inclusive.展开更多
文摘THE 2008 financial crisis changed the course of global economic development.The introduction of quantitative easing monetary policy by major Western economies has caused the dramatic volatility in international financial markets,and the decline in exchange rates have become one of the major external risks to the development of many emerging and developing economies.More and more emerging countries are realizing that the global economic system dominated by the West can no longer serve the needs of the world’s current development and therefore there is an urgent need to create a new system of economic governance,one that is more equitable,fair,and inclusive.
文摘The 2008 financial crisis changed the course of global economic development.The introduction of quantitative easing monetary policy by major Western economies has caused the dramatic volatility in international financial markets,and the decline in exchange rates have become one of the major external risks to the development of many emerging and developing economies.More and more emerging countries are realising that the global economic system dominated by the West can no longer serve the needs of the world’s current development and therefore there is an urgent need to create a new system of economic governance,one that is more equitable,fair and inclusive.
