中国社会科学院研究生院学报
中國社會科學院研究生院學報
중국사회과학원연구생원학보
Academic Journal Graduate School Chinese Academy of Social Sciences
2011年
1期
51~57
,共null页
货币政策 溢出效应 国际协调机制
貨幣政策 溢齣效應 國際協調機製
화폐정책 일출효응 국제협조궤제
monetary policy; spillover effects; international coordination system
随着经济全球化进程的不断推进和金融一体化的迅速发展，世界主要经济体如美国、欧盟等货币政策的溢出效应越来越明显，中国经济尤其是金融市场也不可避免地受到这种来自外部货币政策的冲击。货币政策的溢出效应给国际货币政策的相互协调带来一定障碍，对一国的货币政策制订者而言，应该如何兼顾本国经济发展与国际货币政策相协调的需要，制定有效的货币政策，将是值得深入研究的问题。
隨著經濟全毬化進程的不斷推進和金融一體化的迅速髮展，世界主要經濟體如美國、歐盟等貨幣政策的溢齣效應越來越明顯，中國經濟尤其是金融市場也不可避免地受到這種來自外部貨幣政策的遲擊。貨幣政策的溢齣效應給國際貨幣政策的相互協調帶來一定障礙，對一國的貨幣政策製訂者而言，應該如何兼顧本國經濟髮展與國際貨幣政策相協調的需要，製定有效的貨幣政策，將是值得深入研究的問題。
수착경제전구화진정적불단추진화금융일체화적신속발전，세계주요경제체여미국、구맹등화폐정책적일출효응월래월명현，중국경제우기시금융시장야불가피면지수도저충래자외부화폐정책적충격。화폐정책적일출효응급국제화폐정책적상호협조대래일정장애，대일국적화폐정책제정자이언，응해여하겸고본국경제발전여국제화폐정책상협조적수요，제정유효적화폐정책，장시치득심입연구적문제。
With the continuous progress of economic globalization and the rapid development of financial integration, spillover effects of monetary policy are more and more obvious in world＇s major economies, such as the United States, European Union and so on. China＇s economy, especially in the financial market, is inevitably affected by such a monetary policy shock from the outside. Spillover effects of monetary policies bring a certain disorder to the international coordination of monetary policies. For a country＇s monetary policy mak- ers, it is a problem worthy for further study how to make effective monetary policies which take into consideration both the needs of national economic development and international coordination of monetary policies at the same time.
