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Third, the international balance of payments tend to diversify means of mediation . Under the current international monetary system , sovereign states can be used to adjust the balance of payments of many methods , including both traditional use of monetary policy, fiscal policy and industrial structure adjustment policy and other economic policies of international payments imbalances , while in the international financial markets deepening of the case , which can also be faster international financing through commercial means to obtain the resources necessary to adjust the balance of payments . In addition, the country of international balance of payments difficulties can also help to carry out the international financial institutions assist their imbalance of international payments adjustment. Despite the current international monetary system is dominated by its pattern of interdependent global real economy of the decision, but also to a certain extent, the promotion of international capital flows and international trade carried out, led worldwide economic growth. But it is undeniable that the current international monetary system, there are still significant limitations , mainly in the following three aspects:

First, the international financial crisis led to the proliferation of $ frequent outbreaks . U.S. macroeconomic policy is the lack of institutional constraints frequently lead to the outbreak of the international financial crisis, a major source . In recent years , the United States to promote their economic development , has taken excessively loose monetary policy, the dollar issue of flooding triggered a global excess liquidity within the scope of the global money supply is hugely magnified , allowing asset bubbles accumulate larger virtual economy seriously out of the real economy, the real estate bubble burst eventually led to the financial crisis exploded and spread rapidly worldwide .

Secondly, the international financial market exchange rate volatility. Under the existing international monetary system , the main international currency exchange rates often change radically, the volatility of the exchange rate system, there are many uncertain factors , exacerbated by the foreign exchange risk, and its accompanying the global commodity price volatility , hindering international trade and investment , developing countries suffer.
Once again, the international payments imbalances diehard . As the international balance of payments adjustment method are different degrees of various shortcomings , particularly the IMF to carry out rescue activities stringent conditions and short-term international commercial financing rapid mobility, to a large extent reduce the sovereign nations an effective balance of payments adjustment resistance, resulting in global payments imbalances in the short term can not get radically improved .

With IMF and the World Bank , represented by the international financial institutions that the Bretton Woods institutions , was established in the Second World War , the important functions are to: IMF to provide U.S. dollar as the center, in order to stabilize the international monetary system as the goal of international balance of payments adjustment mechanism ; World Bank offers to stabilize Europe and devel本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。