改革
改革
개혁
Reform
2014年
7期
15~24
,共null页
货币政策 调控手段 宏观调控
貨幣政策 調控手段 宏觀調控
화폐정책 조공수단 굉관조공
monetary policy, means of macroeconomic, macro-control
现阶段我国经济放缓。结构性矛盾、发展不平衡、涉农小微企业融资难等问题尤为突出。若采取传统全面调控货币政策的“一刀切”模式，只会加剧当前各种矛盾。2014年两次“定向降准”揭开了定向调控货币政策的序幕。当前定向调控货币政策在有效性、精准性上还存在实施困难，但这掩盖不了定向调控政策解决当前突出问题的定向精准微调优势。定向调控货币政策，应注重与其他政策、手段配合使用，立足金融创新，瞄准“靶点”精准发力。
現階段我國經濟放緩。結構性矛盾、髮展不平衡、涉農小微企業融資難等問題尤為突齣。若採取傳統全麵調控貨幣政策的“一刀切”模式，隻會加劇噹前各種矛盾。2014年兩次“定嚮降準”揭開瞭定嚮調控貨幣政策的序幕。噹前定嚮調控貨幣政策在有效性、精準性上還存在實施睏難，但這掩蓋不瞭定嚮調控政策解決噹前突齣問題的定嚮精準微調優勢。定嚮調控貨幣政策，應註重與其他政策、手段配閤使用，立足金融創新，瞄準“靶點”精準髮力。
현계단아국경제방완。결구성모순、발전불평형、섭농소미기업융자난등문제우위돌출。약채취전통전면조공화폐정책적“일도절”모식，지회가극당전각충모순。2014년량차“정향강준”게개료정향조공화폐정책적서막。당전정향조공화폐정책재유효성、정준성상환존재실시곤난，단저엄개불료정향조공정책해결당전돌출문제적정향정준미조우세。정향조공화폐정책，응주중여기타정책、수단배합사용，립족금융창신，묘준“파점”정준발력。
At the present stage, the economy slowdown, and the problem of structural contradictions, unbalanced development, and agriculture-related small and micro enterprises financing are particularly prominent. If take the unified monetary policy, can only .aggravate the contradictions. In the first half of this year, the directional reduce reserve for the two times was implemented under the directional control of monetary policy. Although the directional control policy have precision fine-tuning advantages, it did not achieved the desired effect on the validity and accuracy, Therefore, Directional control of monetary policy should be used in conjunction with other policies, methods, as well as based on financial innovation,aiming at the ＂target＂ accurate force.
