信用国际化——人民币国际化法制建设的理据与重心

人民币国际化只有具备能够满足其需要的法律制度才能实现.识别和建构这样的法律制度,需要建立应有的法理依据及由此确立法制建设的重心.由于人民币国际化所需法制是人民币国际化的本质需要在法上的体现,故人民币国际化法制建设的理论指引及重心需从人民币国际化本质中寻求.在当今货币采用信用本位的时代,人民币在本质上是国家信用,人民币国...

RMB Credit Internationalization:Jurisprudence Benchmark and Core for the Legal Construction Needed by RMB Internationalization

The realization Renminbi(RMB)internationalization is contingent on the legal system that satisfies the needs of RMB internationalization.The identification and construction of such a legal system need the setup of the jurisprudence benchmark and the core of legal construction confirmed by the benchmark.The jurisprudence benchmark and core for the legal construction for RMB internationalization should be found in the essence of RMB internationalization due to the fact that the legal system needed by RMB internationalization is the reflection of essential requirements of RMB internationalization at law.At the present time of credit standard of money,RMB is of national credit in nature,and RMB internationalization relies on the voluntary acceptance from international community other than legal constraint,thus RMB internationalization is the internationalization of RMB credit in essence.Neither metalism nor state theory of money can explain this phenomenon,nor can they solve the legal issues arising from it.Societary theory of money which stresses social choices could explain the phenomenon of international use of money,and thus should constitute the jurisprudence basis for the legal construction of RMB internationalization,but should be developed.For sake of this,China should take the safeguarding of RMB credit as fingerpost for legal construction of RMB internationalization,and put the consolidation of RMB credit as priority and carry that out in the whole process of legal construction of RMB internationalization.For this reason,China should improve the rule of law governing monetary policy to maintain monetary stability,strengthen the protection of RMB assets at home and abroad so as to win the trust from the international community for RMB and thus to promote RMB internationalization.