Core Viewpoint - The article emphasizes the need for dialogue and cooperation among all parties to improve global financial governance, guided by Xi Jinping's thoughts on socialism with Chinese characteristics for a new era [1][2]. Group 1: Global Governance Initiative - The global governance initiative proposed by Xi Jinping includes five core concepts: sovereign equality, adherence to international law, practice of multilateralism, human-centered approach, and action-oriented focus [2]. - The initiative aims to address the increasing global governance deficit and offers a Chinese solution to the question of who governs, how to govern, and for whom to govern [2]. Group 2: International Monetary System Reform - The international monetary system has evolved historically, with the dominance of currencies reflecting changes in global power dynamics [4]. - The reliance on a single sovereign currency poses inherent instability, as national interests may conflict with global public goods provision [5]. - Discussions on reforming the international monetary system are increasingly driven by geopolitical factors, focusing on reducing dependence on a single currency and promoting a competitive environment among multiple strong currencies [6]. - The potential for a super-sovereign currency, such as the IMF's Special Drawing Rights (SDR), is discussed, although practical challenges remain in achieving political consensus and expanding its use [7]. Group 3: Cross-Border Payment System Improvement - The cross-border payment system is crucial for international trade and financial stability, but faces challenges such as inefficiency and high costs [9]. - There is a trend towards diversification in the cross-border payment system, with more countries using local currencies and new payment systems emerging [10]. - The interoperability of payment systems is improving, and new technologies like blockchain are reshaping traditional payment methods [10]. Group 4: Global Financial Stability System - Post-2008 financial crisis, the global financial safety net has been strengthened, with various regional and bilateral mechanisms established [12]. - Regulatory frameworks have been enhanced to prevent crises, but challenges remain, including fragmented regulations and insufficient oversight of non-bank intermediaries [14]. - A robust international monetary fund is essential for maintaining a diverse and effective global financial safety net [14]. Group 5: Governance of International Financial Organizations - The governance of international financial organizations like the IMF and World Bank needs reform to better reflect the economic realities of emerging markets and developing countries [16][17]. - There is a call for adjustments in voting rights and representation within these organizations to enhance their legitimacy and efficiency [17]. - Strengthening the supervisory role of international financial organizations is crucial for maintaining global economic stability and promoting multilateralism [17].
《求是》杂志发表潘功胜的重要文章《坚定践行全球治理倡议 持续推进全球金融治理改革完善》|国际
清华金融评论·2025-09-16 09:28