论东亚各国资本移动自由化的影响——资本移动自由化的文献综述  

The Effect of Capital Movement Liberalization in Eastern Asia——Review of Studies of Capital Movement Liberalization

作　　者：蔡鎤铭 

机构地区：[1]第一商业银行,台湾台北10491

出　　处：《华东经济管理》2010年第8期73-80,共8页East China Economic Management

摘　　要：亚洲各国的资本移动自由化开始于20世纪80年代后期至90年代之间。历经90年代后期的金融危机,亚洲各国的资本移动情况各不相同。以韩国为例,亚洲危机之后,外资流入股市的比例激增;另一方面,流入印尼和菲律宾的外资则多为外债的借入,投入股市及直接投资的比例几无成长。在中国,以其独特的外资管制政策抑制投入股市的总额之外,90年代后期起,更快速的开放国外直接投资的资本进入。文章拟就有关国际资本移动自由化既存的研究作简单回顾,同时考察亚洲各国对外资管制多样化的各种重要论述。Liberalization of fund movement between Asian countries began from late 80＇s to 90＇s.After the financial crisis in late＇90,the fund movements are quite different in each country.For instance,in Korea,investment coming from foreign companies increased rapidly after financial crisis.In other countries such as Indonesia and Philippines,fund increased only because of foreign loan instead of investment on business or stock market.In China,though they have strictly regulation controls towards fund movement and stock market,the door of direct investments have been opened quickly from late ＇90.This article is intend to review all existing research regarding liberalization of fund movements,as well as studies the different kinds of control embodied in Asian countries.

关 键 词：国际资本 股市:直接投资 自由化 

分 类 号：F407[经济管理—产业经济]