新兴市场国家货币国际化实践及启示——以韩国、新加坡为例

Choice on Internationalization of Currency in Emerging Market Countries——Cases of Korea and Singapore

20世纪70年代布雷顿森林体系崩溃之后,以美元为中心的国际货币体系发生了变化,经济发达的国家开始尝试本国货币的国际化实践。货币的国际化选择在于权衡实现货币国际化的收益和成本,而经济发展水平的高低、经济规模的大小以及在世界经济中所处的地位等因素都会影响一国货币国际化的选择。

After the collapse of Bretton Woods System in 1970s,the situation that international money system pegged on dollar has changed,some developed countries began their practices of internationalization of currency.It is the equilibrium of cost and return from the internationalization of currency,while whether to make the choice about the internationalization of currency is dependent on the level and scale of an economy development,and the location in the world.