摘要随着世界经济一体化的不断推进,中国经济的不断增长,中国的金融投资环境持续向好,国际短期资本在我国的流动日益频繁。国际资本的流动不仅能为我国提供资本的输入,还能发展更多的投资渠道;但是另一方面,大规模的短期资本流动也会削弱我国的宏观经济政策,加剧国内房地产和证券市场的波动,甚至导致整个金融体系的风险增大。本文首先阐述了国际短期资本流动的涵义,然后分别描述了全球资本流动的现状和中国短期资本的流动现状及新特点,总结了国际短期资本在我国流动的几种渠道,包括经常项目下的正常渠道以及“地下钱庄”等非法隐蔽性的渠道。在此基础上分析得出当前国际短期资本流动的发展趋势,并结合我国目前经济形式分析国际短期资本流动对我国的影响主要在我国的货币政策、汇率和金融市场等方面。最后提出了中国对国际短期资本流动管制的政策性建议。这些建议将对我国管理国际资本流动具有重要借鉴意义。27110
关键词 国际短期资本 影响因素 国际收支 资本管制
毕 业 论 文 中 文 摘 要 毕业论文外文摘要
Title The Effect and Regulation of International Short-term Capital Flow to China
Abstract
With the continuous development of the world economic integration, China's economy continuing to grow and China's financial investment environment continuing to improve, the International Short-term Capital flowing in China is becoming increasingly frequent.The flow of International Capital can not only provide capital for input to our country,but also the development of more investment ways; but on the other hand,large-scale Short-term Capital flows will weaken China's macroeconomic policies and increase volatility in the domestic real estate market and the stock market, and even lead to increase the risk of the entire financial system.Firstly this paper describes the meaning of short-term International Capital Flows, and then describes the present situation of global capital flows and short-term capital flow’s present situation and new features,the next summarizes the International Short-term Capital’s several methods in China, including current project under the current account and the "underground banks" and other illegal covert ways.Based on the analysis that the development trend of the international short-term capital flows,combined with China's current economic trend,this paper analyze the influence of International Short-term Capital flows on China's monetary policy, exchange rate and financial market.At last,the policy suggestions to China on the International Short-term Capital flow’s regulation are put forward.These suggestions will have important reference to the management of the International Capital flows in our country.
Keywords International Short-term Capital,Influence Factors,International Balance of Payment,Capital Regulation
目 次
1 引言1
1.1 选题背景与选题意义1
1.2 文献综述•1
1.3 研究方法与文章构架4
2 国际短期资本流动的涵义及形式6
2.1 国际短期资本流动的涵义6
2.2 国际短期资本流动的形式6
2.3 我国短期国际资本流动现状分析•6
2.4 国际短期资本流动的新特点•7
3 我国国际短期资本流入的主要渠道分析•9
3.1经常项目流入9
3.2 通过资本和金融项目流入10
3.3 非法渠道•12
4 国际短期资本流动对我国经济的影响14
4.1 国际短期资本流动对我国国际收支的影响•14
4.2 国际短期资本流动对我国货币政策的影响•15
4.3 国际短期资本流动对我国汇率水平的影响•16