INTERNATIONAL COMPARATIVE STUDIES ON MONETARY PURCHASING POWER INDICES IN THE ERA OF KNOWLEDGE ECONOMY
知识经济时代货币购买力指标的国际比较研究

With the help of emergy theories, this paper uses the emergy/dollar ratio to measure the purchasing power of dollar in China and compares it with with that of the United States and other slected countries. The results show that Chinese emergy/dollar ratio is much higher than that of the U.S., Japan and the average ratio of the world, leading to much emergy wealth loss in the process of international trading and loaning. In order to meet the challenge of economic globalization, China should speed up cycling of Chinese currency, increase more currency in the process of economic development, and make active financial policy.