摘要
该文对亚洲金融危机以后汇率制度选择的"两极论"进行了分析,认为其并不符合现实。鉴于汇率制度选择实际上是权衡各种汇率制度的优点和缺点,该文对固定盯住汇率、浮动汇率、目标区汇率以及有管理的浮动汇率制度进行了比较分析。最后,该文分析了汇率退出机制和退出策略。
This paper analyzes the bipolar view in choosing an exchange rate regime in the wake of the Asian financial crisis, concluding that it is unrealistic.The choice of an exchange rate regime is actually a trade off between the advantages and disadvantages of various exchange rate regimes.This paper compares the regimes of fixed peg exchange rate, floating rate, target zone exchange rate and managed floating rate.This paper also analyzes exchange rate exit mechanisms and strategies.
出处
《中国货币市场》
2004年第4期50-54,共5页
China Money
