流动性过剩的成因、影响及对策分析

Analysis on Origins,Influence and Countermeasures of Excess Liquidity

近年来,在持续的国际收支"双顺差"及随之而来的外汇占款、居高不下的居民储蓄、企业与政府储蓄,以及国际投机性资本等因素的合力作用下导致了目前国内市场上资本流动性过剩的局面,对商业银行、宏观经济及资本市场造成深远影响,缓解流动性过剩的治本之策在于决策部门加强宏观调控、实行源头控制。

During the past years, ongoing ＂double favorable balance＂ in international payment accompanied with funds outstanding for foreign exchange, high - level saving rates and international speculative capital, have all together led to excess liquidity in domestic market, which imposes profound influence on China＇s commercial banks, macro - economy and capital market. The fundamental countermeasures depend on strengthening macro - control and fountain - control of the policy - making departments.