CAJ | 학술논문

印度自1991年以来积极推进资本项目可兑换。经过20年的实践,印度迅速融入国际金融市场,有效抵御了金融危机的冲击,资本项目可兑换取得明显成效,主要特点：一是采取渐进、审慎的方式推进资本项目可兑换;二是坚持控制的主动性和必要时恢复管制的灵活性;三是深化金融改革,为资本项目可兑换创造良好的外部条件;四是注重通过宏观调控手段,优化资本流动结构,解决资本流动中产生的问题;五是加强短期资本流动管制,防止短期资本流动对经济的冲击;六是加强房地产资本管制,防止国际投机资本引发房地产风险。
인도자1991년이래적겁추진자본항목가태환。경과20년적실천,인도신속융입국제금융시장,유효저어료금융위궤적충격,자본항목가태환취득명현성효,주요특점：일시채취점진、심신적방식추진자본항목가태환;이시견지공제적주동성화필요시회복관제적령활성;삼시심화금융개혁,위자본항목가태환창조량호적외부조건;사시주중통과굉관조공수단,우화자본류동결구,해결자본류동중산생적문제;오시가강단기자본류동관제,방지단기자본류동대경제적충격;륙시가강방지산자본관제,방지국제투궤자본인발방지산풍험。
India positively implements Capital Account Convertibility from 1991 and has good results through twenty years＇ development.Its experience and inspiration is as follow：to carry out Capital Account Convertibility gradually and prudently;to take the initiative and flexibility to control capital flow;to deepen financial reform in order to create good external environment for Capital Account Convertibility;to optimize capital flow structure,solve various problems emerging from capital flow by means of macroeconomic controll;to strengthen short-term capital flow controlling to protect from its impact;to enhance capital controll in real estate to protect from the international speculative risks.