金融问题研究

论管理浮动汇率制下的东亚货币合作

  • 黄济生 ,
  • 冉生欣
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  • 华东师范大学 商学院,上海 200062
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

收稿日期: 2006-03-29

  网络出版日期: 2006-09-10

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

  • Ji-sheng HUANG ,
  • Sheng-xin RAN
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  • School of Business, East China Normal University ,Shanghai 200062, China

Received date: 2006-03-29

  Online 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。

本文引用格式

黄济生 , 冉生欣 . 论管理浮动汇率制下的东亚货币合作[J]. 华东师范大学学报(哲学社会科学版), 2006 , 38(4) : 75 -79+96 . DOI: 10.16382/j.cnki.1000-5579.2006.04.011

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.

参考文献

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