世界主要国际货币国际化进程与人民币国际化路径探析

Exploration and Analysis of Internationalization of the World's Major International Currencies and RMB Internationalization Path

本文回顾了美元、欧元、日元三种主要国际货币的国际化进程,对人民币国际化的现实可行性进行了具体分析。研究发现,虽然中国经济的快速增长和金融市场的健康发展为人民币国际化奠定了一定的现实基础,但是人民币距离成为国际货币之间还有很长的一段路要走,必须从逐步实现资本项目下人民币可自由兑换、促进人民币区域化、改善外部环境、完善人民币汇率形成机制等方面来进一步推进人民币国际化。

This paper reviews the internationalization of three major international currencies of the US dollar, Euro and Yen, and analyzes the realistic feasibility of RMB internationalization. We found that RMB still had a long way in spite of the realistic foundation laid by the rapid growth of China＇s economy and the healthy development of financial market. It is a must to further advance the RMB internationalization by gradually realizing the capital project RMB convertible, promoting the RMB regionalization and improving exterior environment and the RMB exchange rate mechanism, etc.