摘要
20世纪80年代后期以来,美国通过汇率、利率等手段诱导美元贬值、压迫日元升值,不仅减少了美国的外债负担,也大大削弱了日本的经济实力,使之陷入长期的经济低迷。而同期的美国经济却实现了高增长、高就业和低通胀的少有的经济状况。近些年美国逐渐将矛头指向中国。继布什政府之后,新一届奥巴马政府也发出要求人民币进一步升值的信号。我们应充分吸取日本金融战败的教训,人民币汇率的调整应坚持以我为主、逐步增加汇率弹性的原则,稳步推进人民币的国际化与市场化,要切实加大对金融系统的风险监控,防止"金融战败"在中国重演。
Since the latter part of 1980s, the USA Government has induced the depreciation of US dollars and the appreciation of Japanese Yen by such means as manipulating exchange rate and interest rate, which not only reduces the external debt burden of the US Government, but also weakens the economic strength of Japan. Consequently, Japanese economy falls in downturn for quite a long time, while American economy realizes unprecedented booming featured with high growth rate, high employment rate, and low inflation. In recent years, the US Government has gradually turned their eyes on China, and following the Bush Govemment, the Obama Government has also sent the signal of urging China to appreciate RMB currency. China should thoroughly learn from Japanese lessons of financial failure, and regulate the exchange rate of RMB currency based on our own needs, analysis and gradual enhancement of flexibility, steadily push forward the internationalization and marketization of RMB currency, earnestly strengthen the risk monitoring and control of financial system, and prevent the re-enactment of Japanese financial failure in China.
出处
《求是学刊》
CSSCI
北大核心
2009年第3期50-55,共6页
Seeking Truth
关键词
日元升值
人民币升值
启示
appreciation of Japanese Yen
appreciation of Chinese RMB currency
enlightenment
