温和通胀的期待:1935年法币政策的出台  

The Expectation of Mild Inflation: the Introduction of the Fabi Policy in 1935

作　　者：潘晓霞[1] 

机构地区：[1]中国社会科学院近代史研究所,副编审北京100006

出　　处：《近代史研究》2017年第6期55-68,共14页Modern Chinese History Studies

摘　　要：1935年的法币政策,将几十年议而不决的币制改革付诸实施,在中国金融史上具有重要的意义。币制改革由理念、设想、计划最终落定为现实,因于多种因素的刺激,20世纪30年代中期的经济困难尤其是美国白银政策推行后导致的白银危机,是法币改革的直接催化剂;中国货币体制与外部世界日渐暌违,也不断刺激着国内币制的改革要求;进一步探究,法币改革的实施,与中国经济基础逐渐增厚相关,经济总体上的不断成长,对弹性货币政策形成一定期待,而且为币制改革提供了必要条件。The Fabi policy in 1935 carried out the currency reform that had been discussed for decades,so it has remarkable significance in the Chinese financial history. The currency reform evolved from an ideal,a blueprint,to a detailed plan,and eventually was put into practice,due to various stimulations. The economic crisis in the middle 1930 s,especially the silver crisis after American banks adopted silver policy,was the direct catalyst for the Fabi policy. The increasing mismatch between the Chinese currency system and the outside world stimulated the demand for the reform. Furthermore,this article argues that the implementation of the Fabi reform was also related to the more and more solid foundation of the Chinese economy. A flexible currency policy was expected to meet the demand of the growing economy,which was the necessary condition of the currency reform.

关 键 词：法币改革 白银危机 孔祥熙 通货膨胀 

分 类 号：K263[历史地理—历史学]