摘要
作为第一大经济体,美国向全世界提供了巨大的市场和消费能力。作为全球第一大支付货币,美元被广泛用于国际贸易结算、国际借贷、外汇储备,以及全球金融市场交易,它具有其他货币不具有的优势。美元的优势地位使得美联储升降息不仅仅是美国国内的货币政策,实际上会给他国经济、社会稳定产生影响。研究结果表明,美联储基准利率的周期性调整引起了中国对美贸易顺差与总顺差的比值的周期性变化、中国引进美资占总外商投资中比重的持续下降,其影响非常明显。但中国整体经济发展并未受较大影响,甚至一些时间段实现逆势增长,这说明中国通过政治、经济方面的调整,降低了对美国的依存性,从而有效降低了美国货币政策变化带来的风险。
As the largest economy,the USA provides a huge market with strong consumption powder to the world.As the main payment currency,USD is widely used for international settlement,international lending,foreign exchange reserves and global financial market transactions,and it has advantages that other currencies do not have.The dominant position of the USD makes the Fed’s interest rate adjustment not only a domestic policy in USA,but also an impact on the economic and social stability of other countries.The research results indicate that the cyclical adjustment of the Federal Reserve’s interest rate has caused obvious changes in the ratio of China-USA trade surplus to Chinese total trade surplus,as well as a sustained decline in the proportion of US investment in Chinese total foreign investment.Furthermore,Chinese overall economic development has not been significantly affected,and even achieved counter trend growth in some periods.This indicates that China has reduced its dependence on the USA through political and economic adjustments,effectively reducing the risks brought by US monetary policy.
作者
楼采璐
LOU Cailu(School of Economics and Management,China University of Mining and Technology,221116,Xuzhou,Jiangsu,China)
出处
《特区经济》
2025年第5期73-76,共4页
Special Zone Economy
关键词
美联储升降息
经济依存性
数字货币
Fed Rate Adjustment
Economic Dependence
Digital Currency
