中国东盟区域金融合作：汇率制选择探析

随着中国东盟贸易的迅速发展和双边合作的进一步加强,汇率作为国内和国外经济联系的纽带,其汇率制度的选择以及实施什么样的汇率政策,已经成为中国东盟国家经济贸易发展中面临的重要问题之一。1994年的墨西哥货币危机和1998年的东南亚货币危机,从某种意义上说,几乎都直接体现在汇率水平的异动上,汇率水平的异动往往与汇率制度的变迁紧密地联系在一起。因此,中国东盟间的金融合作就必须要解决汇率问题,以加强政策的宏观协调。一、国际货币体系下汇率制度的演变汇率制度是对汇率变动的一种约束机制,可以是完全约束、部分约束,也可以是放弃约束…

A Probe into the Choices of Exchange Rates in the Financial Cooperation in Sino- ASEAN Region

The development of Sino-ASEAN financial cooperation is moving ahead and is inconvertible. In order to solve the problem of the exchange rates, careful study should be put into a reasonable mechanism that deals with exchange rates so as to promote and stabilize the development of the economy in that area. Through a careful study on the changes of exchange rates, fixed exchange rate mechanism, the advantage and disadvantage of the floating rates, the control of the capital market, the target areas of the exchange rates and the potential causes of currency crisis in the international monetary system, this essay discusses the potential problems which might arise in Sino-ASEAN financial cooperation.