【作者】 范云凤；

【导师】 何国华；

【作者基本信息】 武汉大学 ， 金融学， 2004， 硕士

【摘要】 没有一种汇率制度可以在所有时候适合所有的国家，在有关汇率制度的选择问题上，理论界是没有一致意见的。随着世界范围内的金融危机的不断发生，有关汇率制度选择的关注重点也转向每种汇率制度安排在防范风险的能力方面，讨论集中于哪一种汇率制度更适合应付日益增长的国际资本流动性与世界资本市场的不稳定性。而本文认为，汇率制度选择的关键是要对不同汇率制度下的经济绩效进行比较研究，看是不是有一种汇率制度对经济的影响好于其他制度，特别是对发展中国家来说，他们具有不同于发达国家的经济特征，这种比较研究更加必要。文章考察了20世纪90年代以来汇率制度的发展历程、学术界的新共识及汇率制度理论的新发展，并着重阐述了目前流行的几种汇率制度理论对发展中国家的适用性，接着对不同汇率制度下的通货膨胀、经济增长差异及防范危机的能力进行比较分析，提出了发展中国家存在汇率制度选择的困境，并结合现实情况初步分析了我国汇率制度改革的问题。更多还原

【Abstract】 No single currency regime is right for all countries or at all time. There is no consensus on the subject of the choice of exchange rate regime. With high frequency of worldwide financial crisis, the focal point about the exchange rate arrangement turns to the precautious ability of each kind of exchange rate regime. The discussion of academia concentrates on which kind of exchange rate regime can better deal with international capital mobility and instability of world capital market. While in this paper, in order to observe if some exchange arrangement performs better on economy than others, the key of exchange rate arrangement is the comparative study of different system on economic performance. Especially for developing countries, their particular economic characters need this comparative study. The article reviews the developing of exchange rate regime since 1990s, the new consensus of academia and the new theories of exchange rate regime. In the same time, it explains emphatically the suitability of present popular theories to developing countries. Then it carries on comparative analysis of the inflation, economic growth and precautions against crisis under different exchange rate regime. Finally the paper puts forward the difficulties when developing countries choose exchange rate regime and makes initial analysis about the exchange rate regime reform in China.更多还原