江西师范大学学报（哲学社会科学版）
江西師範大學學報（哲學社會科學版）
강서사범대학학보（철학사회과학판）
JOURNAL OF JIANGXI NORMAL UNIVERSITY (PHILOSOPHY & SOCIAL SCIENCES EDITION）
2014年
6期
101-107
,共7页
上海游资%抗战初期%规模%负作用
上海遊資%抗戰初期%規模%負作用
상해유자%항전초기%규모%부작용
hot money of Shanghai%the early period of the Anti -Japanese War%scale%negative effect
抗战初期，各地资金纷纷涌入上海，到1940年在上海形成了50亿元规模的巨额游资。当时游资拥有者对国民政府缺乏信念，加上内地亦无容纳游资的良好环境，上海巨额游资最终未能内迁后方，支持抗战经济。这些聚集在上海的巨量游资，由于没有正常的投资出路，纷纷从事外汇投资、炒买股票、囤积商品、房地产炒作等投机活动，它造就了抗战初期上海孤岛经济的畸形“繁荣”，导致战时上海物价飞涨，通货膨胀，对抗战经济产生了较大的负面影响，同时也为后来国统区经济的迅速崩溃埋下了伏笔。
抗戰初期，各地資金紛紛湧入上海，到1940年在上海形成瞭50億元規模的巨額遊資。噹時遊資擁有者對國民政府缺乏信唸，加上內地亦無容納遊資的良好環境，上海巨額遊資最終未能內遷後方，支持抗戰經濟。這些聚集在上海的巨量遊資，由于沒有正常的投資齣路，紛紛從事外彙投資、炒買股票、囤積商品、房地產炒作等投機活動，它造就瞭抗戰初期上海孤島經濟的畸形“繁榮”，導緻戰時上海物價飛漲，通貨膨脹，對抗戰經濟產生瞭較大的負麵影響，同時也為後來國統區經濟的迅速崩潰埋下瞭伏筆。
항전초기，각지자금분분용입상해，도1940년재상해형성료50억원규모적거액유자。당시유자옹유자대국민정부결핍신념，가상내지역무용납유자적량호배경，상해거액유자최종미능내천후방，지지항전경제。저사취집재상해적거량유자，유우몰유정상적투자출로，분분종사외회투자、초매고표、돈적상품、방지산초작등투궤활동，타조취료항전초기상해고도경제적기형“번영”，도치전시상해물개비창，통화팽창，대항전경제산생료교대적부면영향，동시야위후래국통구경제적신속붕궤매하료복필。
In the early period of the Anti - Japanese War funds from various regions flocKed to Shanghai. By 1940 there were 5 billion Yuan of hot money in Shanghai. At that time,the owners were distrustful of the national government. Hot money of Shanghai failed to move into the rear to support Anti-Japanese economy because there were not good environment to accommodate the hot money. These huge amounts of hot money were invested to speculative activities,such as foreign exchanges, stocK,stocK of goods,real estate and etc. ,bringing up the deformation of Shanghai island economy“prosperity”in the early period of the Anti-Japanese War,and leading to sKyrocKeting prices,infla-tion in Shanghai in the wartime,which had the major negative effect on the Sino-Japanese War e-conomy,as well as foreshadowing the rapid collapse of the economy of KMT-ruled areas later.
