The fourth part of the paper forecast the changes of the international currency system.

论文的第四部分展望了危机后国际货币体系的变革趋势。

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First, so long as the global imbalances persist, the international currency system will remain vulnerable.

第一，只要全球不平衡的状况还在持续，国际货币体系就仍然动荡不安。

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In the long haul, Euro will be a relatively stable currency and will play an important role in the international currency system.

从长期来看，欧元仍将是一个比较稳定的货币，并将在国际货币体系中发挥重要作用。

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Even as the crisis was still raging, in March 2009, Zhou Xiaochuan, the governor of the People's Bank of China started to talk about moving to a different kind of international currency system, with better alternatives to the dollar.

BBC: Mr Osborne and China's long road to a global currency

When I started at the Richmond Fed in August 1968, what they are now calling currency manipulation was the standard, accepted international monetary system.

FORBES: Currency Manipulation

Enthusiasts argue it will thereby end the privileges Americans have reaped from having the world's only reserve currency such as steering the international monetary system and running unlimited trade deficits.

ECONOMIST: That awkward relationship