东亚本币债券市场发展的利益评估及其对中国的影响

The Development of East Asian Local Currency Bond Market and Its Influence to China's Bond Market

1997—1998年亚洲金融危机给东亚国家造成了巨大的经济损失,事后东亚各国认识到只有完善亚洲资本市场,尤其是债券市场,才能使东亚各国免遭灭顶之灾。全文论述亚洲债券基金最新发展状况,分别从微观和宏观的角度评估建立东亚本币债券市场利益,虽然目前东亚本币债券市场发展存在一定的障碍,但其发展必将推动亚洲金融合作,从而使中国从中受益。

The Asian Finance Crisis occurred from 1997 to 1998 brings a large amount of economic loss to East Asian countries. After that, all of these countries begin to realize the fact that it is necessary to perfect Asian capital market, especially the bond market, preventing them from the disaster. With the issue of the Asian Bond Fond 2, the East Asian Local Currency Bond Market begins to develop itself with the new momentum. However, there are some obstacles during the development of the East Asian Local Currency Bond Market, China should try to get benefits from the process.