华东师范大学(哲学社会科学版) ›› 2016, Vol. 48 ›› Issue (5): 73-79.doi: 10.16382/j.cnki.1000-5579.2016.05.009

• 法学研究 • 上一篇    下一篇

人民币加入SDR的规则调适与相应进位

李本;宋玉洁   

  1. 上海大学法学院
  • 出版日期:2016-09-15 发布日期:2016-11-01
  • 通讯作者: 李本;宋玉洁
  • 作者简介:李本;宋玉洁
  • 基金资助:

    本文系国家社科基金一般项目“人民币加入特别提款权的法律问题及对策研究”(16BFX201)及2015年中国法学会课题“‘走出去’战略下金融支持的国际法规则研究”(CLS(2015)D153)的阶段性成果。

RMB Joining SDR Implies Adjustments to Standards and Corresponding Improvement

LI Ben;SONG Yu jie   

  • Online:2016-09-15 Published:2016-11-01
  • Contact: LI Ben;SONG Yu jie
  • About author:LI Ben;SONG Yu jie

摘要:

2015年11月30日,IMF宣布人民币正式加入SDR货币篮子,肯定了人民币符合“自由使用货币”标准(FU)。纵观IMF不同时期关于SDR的三套评估标准体系,人民币的此次加入是对IMF以往关于“可自由使用货币”标准规则的调适,为此中国和IMF都做出了努力和调整,丰富了国际法的相应实践。人民币入篮后,汇率市场化进程相应加快,IMF可能在入篮后有关汇率改革问题对中国提出新的要求,甚至有欧美国家提出要与我国签署“新广场协议”,对此应在国际法框架下坚持我国汇率主权的相应进位和空间,同时应保障汇率外部稳定标准和市场化改革双向驱动的法律制衡。

关键词: SDR, 货币篮子, 人民币国际化, 可自由使用货币, 执行董事会

Abstract:

On November 30th 2015, the IMF declared that RMB officially joined the SDR basket of currencies, positively affirming that RMB is in line with “freely usable currency” standard(FU). Judging from the three assessment standards of the IMF about SDR in different periods, we can see that the joining of RMB shows the adjustments to past standards with respect to “freely usable currency”. In this process, both China and the IMF have made efforts, which has enriched relevant international law practice. After RMB joined the basket, the RMB exchange rate marketization accelerates accordingly. While the IMF might put forward new requirements for relevant exchange rate reform to China, and even Europe and the United States proposed to sign the “New Plaza Accord” with China. In this regard, China should adhere to corresponding improvement and space in the exchange rate sovereignty under the framework of international law, and meanwhile guarantee the two way legal counterbalance driven by the external exchange rate stability and market oriented reform.