monetary reform; currency reform

简明释义

币制改革

英英释义

例句

1.After the crisis, the country implemented currency reform 货币改革 to regain public trust.

危机过后，该国实施了货币改革 currency reform 以重获公众信任。

2.The monetary reform 货币改革 aimed at reducing the money supply and controlling prices.

这次货币改革 monetary reform 旨在减少货币供应和控制物价。

3.The central bank is planning monetary reform 货币改革 to improve financial stability.

中央银行计划进行货币改革 monetary reform 以改善金融稳定。

4.Experts believe that currency reform 货币改革 is necessary to address inflation issues.

专家认为货币改革 currency reform 对于解决通货膨胀问题是必要的。

5.The government announced a series of monetary reform 货币改革 measures to stabilize the economy.

政府宣布了一系列的货币改革 monetary reform 措施以稳定经济。

作文

Monetary reform, or currency reform, is a critical process that nations undertake to improve their financial systems and stabilize their economies. This type of reform often involves changes in the currency system, monetary policy, and the overall financial infrastructure of a country. The primary goal of monetary reform is to enhance economic stability, control inflation, and promote sustainable growth. In many cases, countries facing hyperinflation or severe economic crises resort to currency reform as a means to restore confidence in their financial systems.One of the most notable examples of currency reform occurred in Germany during the post-World War II era. The introduction of the Deutsche Mark in 1948 replaced the Reichsmark, which had lost its value due to hyperinflation. This monetary reform was instrumental in stabilizing the German economy and laying the groundwork for the country's subsequent economic miracle. By replacing the old currency with a new one, the government was able to reset prices, restore public confidence, and encourage savings and investment.Similarly, countries such as Zimbabwe and Venezuela have experienced the dire consequences of failing to implement effective monetary reform. In Zimbabwe, the government printed excessive amounts of money to finance its budget deficits, leading to hyperinflation that rendered the national currency virtually worthless. Eventually, the Zimbabwean dollar was abandoned, and the country adopted foreign currencies like the US dollar for transactions. This drastic currency reform was necessary to regain economic stability and restore normalcy to daily life.In addition to addressing hyperinflation, monetary reform can also involve the adoption of digital currencies, which are becoming increasingly popular in today's global economy. Countries like China are exploring the potential of central bank digital currencies (CBDCs) as a means to enhance monetary policy effectiveness and improve transaction efficiency. The introduction of a digital yuan could signify a significant shift in China's approach to monetary reform, reflecting a broader trend towards digitization in finance.Moreover, currency reform can also encompass the unification of multiple currencies into a single currency, as seen in the European Union with the introduction of the euro. This type of monetary reform aims to facilitate trade among member states and create a more integrated economic environment. However, it also poses challenges, such as the loss of individual countries' monetary sovereignty and the complexities of managing a shared currency.In conclusion, monetary reform and currency reform are essential tools for countries seeking to address economic challenges and foster growth. These reforms can take various forms, from introducing new currencies to adopting digital solutions, and they play a vital role in shaping the future of global finance. As economies continue to evolve, the importance of effective monetary reform will only increase, highlighting the need for sound policies and strategic planning to navigate the complexities of modern economics.

货币改革或货币制度改革是各国为改善其金融系统和稳定经济而进行的关键过程。这种改革通常涉及货币体系、货币政策以及国家整体金融基础设施的变化。货币改革的主要目标是增强经济稳定性，控制通货膨胀，并促进可持续增长。在许多情况下，面临恶性通货膨胀或严重经济危机的国家会采取货币制度改革作为恢复对其金融系统信心的手段。一个显著的货币制度改革例子发生在二战后德国。1948年引入的德意志马克取代了由于恶性通货膨胀而失去价值的帝国马克。这项货币改革对于稳定德国经济和为该国随后的经济奇迹奠定基础至关重要。通过用新货币替代旧货币，政府能够重置价格，恢复公众信心，并鼓励储蓄和投资。同样，津巴布韦和委内瑞拉等国也经历了未能有效实施货币改革的严重后果。在津巴布韦，政府为了弥补预算赤字而印刷过多的货币，导致恶性通货膨胀，使国家货币几乎毫无价值。最终，津巴布韦元被放弃，国家采用美元等外币进行交易。这一激进的货币制度改革是恢复经济稳定和恢复日常生活正常的必要措施。除了应对恶性通货膨胀外，货币改革还可能涉及数字货币的采用，这在当今全球经济中越来越受欢迎。像中国这样的国家正在探索中央银行数字货币（CBDC）的潜力，以增强货币政策的有效性并提高交易效率。数字人民币的推出可能标志着中国在货币改革方面的重大转变，反映出金融数字化的更广泛趋势。此外，货币制度改革还可以包括将多种货币统一为单一货币，如欧盟引入欧元。这种类型的货币改革旨在促进成员国之间的贸易，并创造一个更为一体化的经济环境。然而，它也带来了挑战，例如失去各国货币主权和管理共享货币的复杂性。总之，货币改革和货币制度改革是各国应对经济挑战和促进增长的重要工具。这些改革可以采取多种形式，从引入新货币到采用数字解决方案，它们在塑造全球金融的未来中发挥着至关重要的作用。随着经济的不断演变，有效的货币改革的重要性只会增加，突显出制定健全政策和战略规划以应对现代经济复杂性的必要性。