华东师范大学学报(哲学社会科学版) ›› 2006, Vol. 38 ›› Issue (4): 75-79+96.doi: 10.16382/j.cnki.1000-5579.2006.04.011

• 金融问题研究 • 上一篇    下一篇

论管理浮动汇率制下的东亚货币合作

黄济生, 冉生欣   

  1. 华东师范大学 商学院,上海 200062
  • 收稿日期:2006-03-29 出版日期:2006-07-25 发布日期:2006-09-10
  • 作者简介:黄济生(195l-),男,上海人.华东师范大学商学院金融学系教授,博士生导师|冉生欣(1964—), 男, 河南南阳人, 华东师范大学商学院金融学系副教授, 博士

East-Asian Monetary Cooperation under the Managed Floating Exchange Rate Regime

Ji-sheng HUANG, Sheng-xin RAN   

  1. School of Business, East China Normal University ,Shanghai 200062, China
  • Received:2006-03-29 Online:2006-07-25 Published:2006-09-10

摘要:

东亚货币放弃钉住美元的汇率制度之后, 日元和人民币(尤其是人民币) 在稳定东亚汇率方面发挥着更为重要的作用。建立分别以日元和人民币为核心的“次货币区” (即“双轨机制”), 有利于使东亚货币合作实现真正的东亚汇率协调。从长远看, “双轨机制”引入了日元与人民币之间以及这两种货币与美元之间的双重“竞争与协调”机制, 有可能对美元的“霸主”地位构成逐渐强化的挑战。

关键词: 东亚货币合作, 管理浮动汇率制度, “次货币区”, 汇率协调

Abstract:

Since East Asian currencies gave up the USD-pegged regime, both Yen and RMB (especially, RMB) have played more important roles in stabilizing exchange rates in East Asia than other currencies.As a result, those sub-currency-areas established around Yen and RMB respectively as their core currency (that is, bi-way mechanism) may lead to real East-Asian exchange rate cooperations and coordinations.In the long run "bi-way mechanism" will result in a competitive and coordinative mechanism between Yen, RMB and USD.The USD's position of "hegemony" may be challenged.

Key words: monetary cooperation in East Asia, managed floating exchange rate regime, sub-currency-area, exchange rate coordination

中图分类号: