宽松货币政策与新兴市场经济体的政策选择  

Research on Easing Monetary Policies and the Policy Choices for Emerging Economies

作　　者：张怀清[1] 

机构地区：[1]中国人民银行金融研究所

出　　处：《国际金融研究》2013年第10期4-12,共9页Studies of International Finance

基　　金："国际铸币税的测算"的阶段性成果;国家自然科学基金项目(71073021和71173233)的资助

摘　　要：金融危机爆发后,发达经济体实施的宽松货币政策逐步增强。对于新兴市场经济体而言,关注的主要是发达经济体宽松货币政策的实施和退出引起的全球流动性及其导致的国际资本流动对新兴市场经济体的冲击。在目前的国际经济金融格局下,新兴市场经济体及其他发展中国家货币政策空间选择有限,如何把国际资本的冲击减小到最低限度成为新兴市场经济体面临的问题。可采取的主要政策措施包括加强资本流动的控制等。After the outbreak of the financial crisis, easing monetary policies adopted by the developed economies have been gradually intensified. For emerging economies, increasing attention has been paid to the impact of the implementation and exit of the loose monetary policies adopted by the developed economies on the global liquidity as well as the shocks of global capital flows on emerging economies. With the current international economic and financial system, the monetary pohcy space of the emerging economies and other developing countries is limited. The problem is how to minimize the impact of international capital flows on emerging economies. The major feasible policy is to strengthen the control of capital flows.

关 键 词：宽松货币政策 新兴市场经济体 政策 

分 类 号：F831[经济管理—金融学]