外汇储备:幻觉、偏好与陷阱

发展中国家由于长期受制于外汇短缺,因而特别注重外汇储备的累积,过分看重外汇储备的作用,从而形成了"外汇储备幻觉"和"外汇储备偏好",进而落入"外汇储备陷阱".中国在这一方面的问题尤其突出,这需要从国内和国外两种渠道寻求有效的途径来加以解决.

Foreign Exchange Reserves:Illusions,Preferences,and Traps

Troubled by the shortage of foreign exchange for a long period,developing countries have placed great emphasis on the accumulation of foreign exchange reserves and over-valued the role played by foreign exchange reserves.As a result,with the formation of "illusions of foreign exchange reserves" and "preferences of foreign exchange reserves",those countries have inevitably fallen into the "traps of foreign exchange reserves".The situation in China is particularly serious.So it is necessary to seek effective ...