刍议“热钱”大量流入对中国金融安全构成的威胁

发布时间：2019-03-28 08:24

【摘要】：随着金融在经济发展中地位的提升,金融安全也上升为各国的发展战略。从近年来爆发的金融危机来看,"热钱"作为强烈的逐利性极强的资本,起到了诱发并加剧金融危机的作用,从而威胁到一国的金融安全和政局稳定。我国作为发展中国家,具有币值升值预期等"热钱"流入的基本条件,"热钱"的大量流入,在增加我国外汇储备的同时,也加大了金融安全风险。解除"热钱"的负面影响,必须对"热钱"形成的原因和流入的渠道进行科学的分析和准确的判断;必须保持人民币币值的相对稳定和资金价格跟踪国际资本平均价格,减缓"热钱"流入动力;必须从管理体制和力度上入手,构筑"热钱"流入的"防火墙";必须从科学使用"热钱"着手,实现"热钱""冷用","短钱"长用,化弊为利;必须构建风险管理机制,提高"热钱"威胁金融安全的应对能力,不断增强抗金融风险的能力。这些都是亟待研究的课题。
[Abstract]:With the promotion of financial status in economic development, financial security has also become the development strategy of various countries. In view of the financial crisis that broke out in recent years, "hot money", as a strong profit-driven capital, has played the role of inducing and aggravating the financial crisis, thus threatening the financial security and political stability of a country. As a developing country, our country has the basic condition of "hot money" inflow, such as currency appreciation expectation and so on. The large amount of "hot money" inflow not only increases the foreign exchange reserve of our country, but also increases the risk of financial security. To relieve the negative influence of "hot money", it is necessary to make a scientific analysis and accurate judgment on the reasons for the formation of "hot money" and the channel of its inflow. It is necessary to keep the relative stability of RMB value and the capital price to track the average international capital price so as to slow down the driving force of the "hot money" inflow, and to construct the "firewall" of the "hot money" inflow from the management system and strength. We must start from the scientific use of "hot money", realize "hot money" cold use "," short money "long-term use, turn harm into good; It is necessary to construct risk management mechanism, improve the ability of "hot money" to threaten financial security, and strengthen the ability of resisting financial risk. These are urgent issues to be studied.
【作者单位】：上海财经大学经济学院;南京财经大学金融学院;
【分类号】：F832.6

【共引文献】