摘要
从数量和质量两方面对我国外汇储备规模和结构进行研究。运用相关因素比率法,对1997—2006年外汇储备适度规模进行测算,并从国际收支角度对我国外汇储备来源和结构的稳定性进行分析,指出近年来我国外汇储备的超额增长主要是由资本流入引致的债务性储备增长,FDI和投机资本的过度流入使外汇储备具有被动性、不稳定的特点,并对此提出了相应的政策建议。
The optimal level of China's foreign exchange reserves in 1997--2006 with factor ratio method is calculated and analyzed the stability of the source and structure of the international reserves in the perspective of the international balance of payments. It is conclued that the excessive increase of our foreign reserves is mainly due to rapid growth of liability reserves from great mount of capital inflow. Excessive inflow of FDI and speculative capital make the reserves have a characteristic of passivity and instability.
出处
《科学技术与工程》
2009年第13期3932-3936,共5页
Science Technology and Engineering
关键词
外汇储备
适度规模
结构风险
exchange reserves
adequate reserve scale
structure risks