从价值转移到风险传导:全球价值链金融化的理论动态  

From Value Transfer to Risk Transmission:Theoretical Researches on Financialization of Global Value Chain

作　　者：王兴华[1] 刘刚[1] Wang Xinghua;Liu Gang

机构地区：[1]曲阜师范大学经济学院,276826

出　　处：《复印报刊资料（世界经济导刊）》2022年第3期49-56,共8页JOURNAL OF WORLD ECONOMICS

基　　金：山东省社会科学基金金融专项“鲁南地区大宗商品贸易融资的金融风险传导及防范研究”(15DJRJ02)。

摘　　要：关于全球价值链的研究主要集中在生产和贸易领域,但是随着全球价值链中的主体,一非金融企业的金融化和重要原材料——大宗商品的金融化,全球价值链已经从“生产链”和“贸易链”逐步发展为“金融链”。相应的,全球价值链的跨国价值转移和风险传导也逐步金融化,使发展中国家处于更加不利的地位。这一议题的研究属于全球价值链理论与金融化理论的交又领域,其中的部分观点将在很大程度上颠覆国际经济秩序的传统认知。本文尝试梳理这一领域的相关研究,就金融化在“双循环”中引发的新业态和新风险,提供一个可供参考的理论思路。Researches on global value chain mainly focus on fields of production and trade.However,with the financialization of non-financial enterprises and the financialization of commodities,global value chain has gradually developed from"production chain"and"trade chain"to"financial chain".Accordingly,the transnational value transfer and risk transmission of global value chain are gradually financialized,which makes developing countries in a more disadvantageous position.The researches on this topic belong to the cross field of global value chain theory and financialization theory,and some of the viewpoints will subvert the traditional cognition of international economic order to some extent.This paper attempts to sort out the relevant researches in this field,and to provide a theoretical thinking for reference on the new business forms and new risks caused by financialization in the"double cycle".

关 键 词：全球价值链 金融化 价值转移 风险传导 

分 类 号：F831[经济管理—金融学]