人民币国际化的模式选择和路径安排

A Study on the Mode Selection and Path Arrangements for RMB Internationalization

人民币国际化已成为经济生活的热门话题,人民币也成为许多国外经济学家对未来世界货币体系大胆预测中的热门"币材",人民币国际化的成本与收益分析表明,收益明显大于成本,人民币国际化是大势所趋。从现实看,人民币国际化进程中具备一些有利条件,同时也存在诸多障碍。在目前的现实经济条件下,人民币国际化应走"弱经济——强制度"模式,遵循"人民币周边国际化→人民币亚洲化→人民币国际化"的渐进路径,并在资本项目可兑换、汇率制度弹性化和区域经济货币合作等方面做出具体的制度安排,最终实现人民币国际化。

Since the reform and opening-up to the outside world, China＇ s national power has been increasing and her international position has been steadily rising, RMB internationalization has been a hot topic in China＇s economic daily life, and RMB is also predicted to be a hot ＂Currency Material＂ by many economists abroad, the Cost-benefit analysis of RMB internationalization reveals that the benefits are greater than the costs, therefore RMB internationalization is an inevitable trend. Realistically, there exist both favorable and unfavorable conditions for RMB internationalization. Under China＇ s present economic situation, China should take the ＂Weak-Economy-Strong-Institution＂ Mode and follow the ＂form RMB Neighbor Internationalization to RMB Asian Internationalization and finally to RMB Internationalization＂ Path. Also it is necessary to carry out capital account liberalization, exchange rate regime reform and regional economic and monetary cooperation and finally to reach the ultimate goal of RMB Internationalization.