台湾农业探索
檯灣農業探索
태만농업탐색
TAIWAN AGRICULTURAL RESEARCH
2011年
3期
60-63
,共4页
人民币汇率弹性化%三元悖论%资本管制%流动性%货币目标区间
人民幣彙率彈性化%三元悖論%資本管製%流動性%貨幣目標區間
인민폐회솔탄성화%삼원패론%자본관제%류동성%화폐목표구간
flexibility of RMB exchange rate%The Impossible Trinity%capital management%liquidity%monetary target range
应用"三元悖论"对我国货币政策、汇率政策与资本流动进行了分析,认为人民币弹性化改革是必要的;进一步对自由兑换问题的汇率条件进行分析,讨论了自由兑换与汇率弹性化改革的一些问题,认为人民币汇率的弹性化改革时机必须建立在资本项目相对自由化的前提下;提出对人民币货币弹性化改革的几点对策。
應用"三元悖論"對我國貨幣政策、彙率政策與資本流動進行瞭分析,認為人民幣彈性化改革是必要的;進一步對自由兌換問題的彙率條件進行分析,討論瞭自由兌換與彙率彈性化改革的一些問題,認為人民幣彙率的彈性化改革時機必鬚建立在資本項目相對自由化的前提下;提齣對人民幣貨幣彈性化改革的幾點對策。
응용"삼원패론"대아국화폐정책、회솔정책여자본류동진행료분석,인위인민폐탄성화개혁시필요적;진일보대자유태환문제적회솔조건진행분석,토론료자유태환여회솔탄성화개혁적일사문제,인위인민폐회솔적탄성화개혁시궤필수건립재자본항목상대자유화적전제하;제출대인민폐화폐탄성화개혁적궤점대책。
Based on Mundell-Fleming "The Impossible Trinity" theory,the interactions among Chinese monetary policy,exchange rate policy and capital flows were discussed.We proposed the necessity of the reform on increasing RMB exchange rate flexibility and analyzed the exchange rate prerequisites of monetary convertibility.This study raised some questions on monetary convertibility and the reform of increasing exchange rate flexibilty.We put forward that the reform should be conducted on the basis of the flexibility of all capital items.Also,this paper raises the problems relevant to the flexibility of exchange rate and proposes corresponding solutions to this reform.