复活的布雷顿森林体系:全球不平衡及中国的选择  

Revival of the Bretton Wood System:Global Imbalance and China’s Choice

作　　者：徐涛[1] 唐嘉成[1] 

机构地区：[1]山东大学经济学院

出　　处：《山东大学学报（哲学社会科学版）》2010年第6期113-120,共8页Journal of Shandong University(Philosophy and Social Sciences)

基　　金：山东省社科规划课题"国际资本流动与国际金融关系研究--理论与实证及其对中国的影响"(08JDC039);山东省自然科学基金课题"储蓄不平衡国际资本流动与金融危机--内在关系及影响机制研究"(2009ZRB019UL)的阶段性成果

摘　　要：全球不平衡在上世纪八十年代主要表现为美国与日本等国家之间的贸易经济不平衡,并最终引发日元对美元大幅度升值。当今"复活的布雷顿森林体系下"国际经济不平衡主要表现为美国与中国等新兴市场国家以及石油出口国之间的不平衡,这种状况不会导致类似的人民币对美元大幅度升值。2008年爆发的国际金融危机并不是全球并不平衡的结果,它更多的反映了美国等国家国内经济中的问题。目前的不平衡给我国内外经济关系调整带来压力,应该主要从国内经济结构调整、经济增长方式的转变以及建立更加完善有效的金融体系方面努力改革,逐步改善不平衡状况。Global imbalance is an important feature of the post-Bretton-Wood-system ear. In 1980s global imbalance manifested itself mainly through the trade imbalance between the United States and Japan, which eventually caused the sharp appreciation of the Japanese Yen. Nowadays global imbalance is evidenced by the trade imbalance between the United States and the newly emerged economies （including China） and oil-exporting countries. However, such imbalances will unlikely to lead to the sharp appreciation of RMB. The international crisis burst out in 2008 is not the product of global imbalances, but the outcome of the US domestic economic problems. China now is faced with the heavy pressure from the global imbalance. It should make great efforts to restructure its economy, change the pattern of economic growth and build its more complete and efficient financial systems.

关 键 词：复活的布雷顿森林体系 全球不平衡 国际金融危机 国际货币秩序 

分 类 号：F832.6[经济管理—金融学]