CAJ | 학술논문

影响全球经济失衡的因素目前被归结为金融发展和国际分工优势上的差异。但这些因素并不完全是外生决定的，在不同国家或地区，这些因素之间的彼此联系也完全不同。基于这些经验事实，我们构建了一个初步的理论模型分析框架。研究发现：金融发展理论和国际分工优势理论在解释全球经济失衡问题方面都存在着缺陷；一国技术与金融创新能力、所处的国际竞争位置和其在治理全球经济失衡问题中的政策选择有着紧密的关系。结合中国经济发展特点和所属阶段．中国在治理全球经济失衡问题方面应采取以技术创新为主、以有助于技术创新的金融创新能力提升和国际经济组织治理为辅的模式，而不能仅着眼于治理金融失衡或分工失衡。
영향전구경제실형적인소목전피귀결위금융발전화국제분공우세상적차이。단저사인소병불완전시외생결정적，재불동국가혹지구，저사인소지간적피차련계야완전불동。기우저사경험사실，아문구건료일개초보적이론모형분석광가。연구발현：금융발전이론화국제분공우세이론재해석전구경제실형문제방면도존재착결함；일국기술여금융창신능력、소처적국제경쟁위치화기재치리전구경제실형문제중적정책선택유착긴밀적관계。결합중국경제발전특점화소속계단．중국재치리전구경제실형문제방면응채취이기술창신위주、이유조우기술창신적금융창신능력제승화국제경제조직치리위보적모식，이불능부착안우치리금융실형혹분공실형。
The influencing factors of global economic imbalance are summarized as the difference between financial development and international labor division advantage. But these factors are not entirely exogenous, and the relationship between these factors is different in different countries. The research finds that the theory of financial development and the theory of international labor division advantage can not explain the global imbalance well, and a country＇s technical and financial innovation ability, international competitive position and policy choice of governance in the global imbalance have a close relationship. Considering the characteristics and stage of Chinese economic development, in the governance of global imbalance, China should depend mainly on technical innovation, supplemented by the promotion of financial innovation ability benefiting technical innovation and the governance of international economic organization, but can not only focus on the governance of financial imbalance and labor division imbalance.