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Search within results (((YU Tong-shen[Author]) AND 1[Journal]) AND year[Order]) AND OR NOT Title Author Institution Keyword Abstract PACS DOI Please wait a minute... For Selected: Download Citations EndNote Ris BibTeX Toggle Thumbnails Select International Dollar Standard and Its Influence on World Economy YU Tong-shen Teaching and Research    2002, (12): 38-44.   Abstract （1198）      PDF（pc） （614KB）（1816）       Knowledge map    Save With the increasingly strengthening of the status of U.S. dollar as central currency in the world economy since the beginning of 1990s, the term International Dollar Standard emerged more and more in the economic and financial literatures. However, when analyzing major international economic issues, the role of international dollar standard may have been underestimated. And the profound analyses of the formation and nature of the dollar standard, proper and sober estimation of the impact the supremacy of the dollar has on the international economic and financial activities is the fundamental basis in analyzing and predicting the performance and economic trend of the U.S. economy. It also lays a good foundation for the estimation of the tendency of the interaction of the three main currencies, dollar, euro and yen. Reference | Related Articles | Metrics | Comments（0） Select The Rise of New Liberal Economic Theory and Its Theoretical Defects YU Tong-shen Teaching and Research    2000, (6): 56-62.   Abstract （1141）      PDF（pc） （696KB）（1601）       Knowledge map    Save The author points out that in the 1980s the new liberal economics revived and became dominated. It prevailed almost all areas of economics and still maintains influence in every aspect of economy today. It has incurred criticism from Western economists both in theory and in practice, though. Reference | Related Articles | Metrics | Comments（0） Select Unscramble New Economy YU Tong-shen Teaching and Research    2000, (11): 26-32.   Abstract （1111）      PDF（pc） （794KB）（1583）       Knowledge map    Save This article maintains that there is not enough evidence to support the statement that America has entered a stage of "new economy" brought about by the development in high-tech industry. The author points out that the rapid growth of American economy in the 1990s was stimulated by a large amount of investment and high level consumption,which were not supported by private savings.Instead,it was caused by the “wealth effects” arisen from the heave inflow of foreign capital and rising prices of stocks.Therefore,the author concludes,the American “new economy”does not lay a solid economic foundation for long-term steady growth.On the other hand,we should make correct appraisal of the positive influences of high-tech activities and network economy on the performance of the U.S.economy.However the bubbles in the network economy cannot be praised. Reference | Related Articles | Metrics | Comments（0）