Currency-credit policy in financial globalization

Abstract

The world economy today is characterized  by the economic globalization, including financial globalization, which brings about both opportunities and challenges. With Vietnam's admission to WTO, the impact of financial globalization is inevitable.

The writer analyzes the impact of financial globalization on economies, and presents solutions to which the developed and developing countries have applied. He also proposes his own ideas of polocies that Vietnam should pursues, especially a solution to curbing inflation.

The main contents of his article include

1. Financial globalization and its expressions

2. The impact of globalization on financial-currency policy

3. The solutions applied by the developed and developing coutries to the challenges from financial globalization

4. Its challenges to Vietnam's financial-currency policy