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出 处:《山西师大学报(社会科学版)》2005年第4期34-38,共5页Journal of Shanxi Normal University(Social Science Edition)
摘 要:抗战时期冀钞的发行可以分为两个阶段。从1939年10月到1942年底为第一阶段,该阶段发行执行紧缩政策.由于军政开支庞大,财政透支占发行总额的一半以上。紧缩发行政策反映了根据地政府对战时通货膨胀的顾忌,导致了开拓冀钞市场力量不足,延缓了货币一元化进程;从1943年到抗战胜利为第二阶段,该阶段发行政策上比较放手,多采取经济发行的方式,注重发展生产。此外还采取分散发行的办法适应农村经济季节性和区域性的特点。冀钞的发行在积累货币发行经验、抵御日本金融侵略、支援抗日战争、恢复发展根据地经济等方面发挥了重要作用。The South-Hebei Bank began to issue banknote in Oct, 1939. The note issue was strictly controlled to prevent inflation the end of 1942. This policy was conservative; it delayed the unified process of the currency. Through two years' effort, the paper of South-Hebei Bank became the standard money in Taihang,Taiyue and South-Hebei. In order to support the army, half of the issue was used to make up the financial deficit. From 1943 to 1945, the South-Hebei Bank issued much paper money than the first stage, most of them was spent to advance production. In this stage, the issue of “the South-Hebei Banknote” played an important part in accumulating experiences in finance, recovering the base economy, supporting the Anti-Japanese War and resisting the Japanese economic invasion, etc.
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