新阶段中国外汇储备累积与国际利益再分配  

Analysis of Redistribution of Resources Caused by Foreign Exchange Reserve Accumulation at the New Stage

作　　者：吕风勇[1] 刘迎秋[2] 

机构地区：[1]中国社会科学院财经战略研究院 [2]中国社会科学院研究生院

出　　处：《全球化》2013年第8期50-61,125,共12页Globalization

摘　　要：经常项目和资本项目的"双顺差"曾经在相当长一段时期内带动了中国经济的高速增长。但是,随着"双顺差"带来的外汇储备规模的持续增加,外汇占款及冲销规模的不断扩大,以及国内资源约束趋紧的矛盾日渐突出,中国从这种外汇储备累积中得到的收益就变得越来越低,付出的成本却越来越高,从而致使这样一种国际分配关系更有利于海外国家或地区,而不利于中国自身。因此,中国当前亟需推动外汇体制改革,并对国际贸易战略进行重新审视和调整,以矫正和改变这种日益扭曲的国际分配关系。The development mode of maintaining 'double surplus' of current and capital accounts has led to the rapid economic growth in China for a long period. However, with the domestic resources becoming more scarce, especially with the continuous expanding of foreign exchange reserves and monetary sterilization scale mainly caused by the double favorable balance, China gets to benefit less from but pay more for the foreign exchange reserve accumulation through double favorable balance, and thus has to face such an international distribution of resources which is less favorable to China but more conducive to foreign countries. Therefore, it is urgent to correct and change this international distribution relationship through the foreign exchange system reform and trade strategy adjustment.

关 键 词：“双顺差” 外汇储备 国际利益再分配 

分 类 号：F832.6[经济管理—金融学]