摘要
严重贸易顺差主要为汇率低估所维持,而巨额国际储备意味者资源和环境为国外所利用,汇率低估造成的汇率补贴和出口退税还导致巨额使用价值财富外流。资本项目严重顺差,境外股权融资数量远大于对外股权投资,同样造成生态外用,本币低估和增长主义倾向下的招商引资还使外资廉价使用资本输入国资源环境。外汇储备保值的途径是不存在的,大部分外储只能随着全球货币量的增长而逐渐稀释,这在另一种形式上造成物质财富外流。
Serious trade surplus is mainly maintained by an undervalued exchange rate, while the huge amount of international reserves means their resources and environment for foreign use, and the rate subsidies and export tax rebates caused by undervalued exchange rate also result in the outflow of wealth of substantial value in use. Serious capital is surplus, and the number of overseas equity financing is much larger than foreign equity investment also cause ecological topical, and investment under the undervalued currency and growth tendencies also make use of cheap foreign capital importing country resources and environment. Way to hedge foreign exchange reserves do not exist, and most foreign reserve can only grow as the global amount of money gradually diluted, this is another form of material wealth caused by the outflow.
出处
《湖南财政经济学院学报》
2014年第1期142-148,共7页
Journal of Hunan University of Finance and Economics
基金
2012年度教育部人文社会科学研究规划基金项目"异质性视角下FDI溢出技术的吸收主体定位与最佳区间探讨"(项目编号:12YJA790126)
关键词
人民币升值
外贸
外资
资源环境
生态文明
RMB appreciation
foreign trade
foreign investment
resources environment
ecological civilization