摘要
本文从国际货币契约视角探讨国际货币体系的演变发展。认为现行国际货币体系的最根本属性在于无约束的纯信用本位货币特质。当前全球经济失衡问题正是这种信用货币本位下的储备国道德风险作用的集中表现。本文对关于国际货币地位形成的"抵押资产契约"说进行评析,并认为未来国际货币体系将通过货币竞争朝着多元化方向发展来克服无约束的信用本位的弊端。
This paper studies the evolvement of international monetary system from the point of international currency contract. Considering the fundamental attribute of actual international monetary system is the unrestricted pure credit currency standard. Currently the global economic imbalance is the focus embodiment of reserve country＇s moral hazard. This paper analyzes the theory of collateral asset contract about the shape of international monetary status, and future international monetary system will be diversified though currency competition, which will be helpful to overcome the abuse of unrestricted credit currency standard.
出处
《金融理论与实践》
北大核心
2009年第12期14-19,共6页
Financial Theory and Practice
基金
教育部人文社科专项项目<资产替代的宏观经济效应与货币政策对策>(批准号07JD790007)
国家社科重大项目<扩大国内需求的宏观经济政策研究>(批准号08&ZD034)的阶段性成果
关键词
国际货币契约
抵押资产契约
国际货币
International Currency Contract
Collateral Asset Contract
International Currency
