摘要
巴西自20世纪60年代以来稳步开放资本账户,经历了3个发展阶段,资本账户开放由外债为主导转向均衡发展,目前已基本实现资本账户开放。巴西采取了临时性资本管制、金融交易税、实行浮动汇率制度、将宏观审慎政策与其他宏观经济政策配合使用等措施应对资本账户开放中的风险,取得积极成效。我国应借鉴巴西有益经验,深化经济金融改革,鼓励资金有序流出,提高证券投资可兑换程度和建立健全风险防控体系,渐进、审慎推动资本账户开放。
From foreign debt leading to balancing developing Since 1960s, Brazil has implemented capital account convertibility gradually and prudently, which can mainly be divided into three stages. At present, capital account liberalization is a- chieved basically in Brazil. Brazil has achieved positive effects in coping with risks with the use of temporary capital con- trol, IOF, floating exchange rate system, macro -prudential policy and other macroeconomic policies. China should use the reference from Brazil~ characteristics of capital account convertibility, such as deepening financial reform, encoura- ging capital outflow orderly, upgrading securities convertibility and building risk prevention and control system, and im- plementing capital account convertibility gradually and prudently.
出处
《湖南财政经济学院学报》
2013年第6期63-68,共6页
Journal of Hunan University of Finance and Economics
