【摘要】 改革开放以来,我国广义货币供应量M2与GDP的比例持续升高,由于这一指标反应了一国货币化程度和金融深化程度,过高的比率与我国金融发展现实不符。本文重点从货币供给和金融体制两方面探讨了M2/GDP持续走高形成的原因,并分析了这两个原因之间的内在机理,最后探讨了适度合理的M2/GDP比例的政策建议。更多还原

【Abstract】 Since the policy of reform and opening up was implemented, the proportion of M2/GDP has been rising. The rising index reflects the country’s monetary and financial deepening. The high ratio of M2/GDP is, in actual fact, not in accordance with China’s realistic financial situation. This paper looks at the reasons of the continued high formation of M2 / GDP from the perspective of money supply and financial system, and analyses the inner mechanism between the reasons and results. The paper finally puts forward some policy suggestions for realizing a moderate ratio of M2/GDP in China.更多还原