摘要
东亚大部分国家(地区)在1997年亚洲金融危机之前采取的是事实上钉住美元的汇率制度。在危机期间,大部分国家(地区)都放弃了钉住汇率制,采取了浮动汇率制度。危机后,大多数国家(地区)又回归了钉住美元制。在现行的国际货币体系下,东亚国家(地区)汇率制度陷入了两难选择的困境:一方面,各国(地区)事实上钉住美元汇率制存在许多弊端,难以长期维系;另一方面,浮动汇率制又不符合本国(地区)经济的实际。两难选择的困境表明,东亚货币合作必须进行区域汇率合作,建立东亚汇率稳定协调机制,推进东亚汇率制度一体化,最终实现亚洲单一货币区。
An exchange rate system staring at US dollar was factually adopted by most east Asia countries before 1997 financial crisis. During the Asia financial crisis period, they gave up this system and adopted floating exchange rate system. After the crisis, they adopted the exchange rate system staring at US dollar again. In current international monetary system, choosing an exchange rate system for east Asia countries and regions is a dilemma situation： there are many shortcomings in exchange rate system staring at US dollar and it＇ s hard to maintain for a long time, while floating system is not suitable for the reality of their economy. The dilemma sugvips that when making an east Asia exchange rate system choice, these countries and regions must make a regional exchange rate system cooperation, establishing a stable exchange rate system mechanism, promoting integration of exchange rate system in east Asia and realizing solo-currency zone for Asia.
出处
《河南金融管理干部学院学报》
2005年第5期116-121,128,共7页
Journal of Henan College of Financial Management Cadres
基金
湖北省教育厅人文社会科学研究资助项目(2004d338)
关键词
东亚汇率稳定协调机制
两难选择
重要性
east Asia currency coorporation
exchange rate system
stable exchange rate mechanism
