全球化的新进展与货币政策国际协调

来源 :国际金融研究 | 被引量 : 0次 | 上传用户:pengk33
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20世纪90年代以来,全球化在贸易、资本流动和信息通讯技术等方面取得的新进展,使得各国实体经济同步化与货币政策各自为政之间的矛盾愈加突出。本文论证了在此背景下,货币政策国际协调已成为解决全球性重大问题不可或缺的手段。在经济总量较大的经济体之间进行协调,在协调范围上逐步扩大、内容上逐步深化等建议,是兼顾有效性及可行性的较好选择。在当前宽松货币政策退出过程中,国际协调亦是成功的关键。在强调信息沟通和协调一致的同时,还应考虑到具体的差异性,这是货币政策退出协调应遵循的基本原则。 Since the 1990s, the new progress made by globalization in trade, capital flow and information and communication technologies has made the contradictions between the real economy of all countries and the fragmentation of monetary policy become more and more prominent. This article demonstrates that in this context, the international coordination of monetary policy has become an indispensable tool for resolving major global issues. The coordination between economies with larger total economy, the gradual expansion of the scope of coordination and the gradual deepening of the content of the proposals are good choices of both effectiveness and feasibility. In the current exit process of loose monetary policy, international coordination is also the key to success. While emphasizing the communication and coordination of information, specific differences should also be taken into account. This is the basic principle that should be followed when the monetary policy is withdrawn from coordination.
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