新兴市场国家黄金储备偏少的原因及对策

The Analysis on the Reasons for Low Gold Reserves of Emerging Market Countries

黄金储备有保值增值的功能,能够维护金融安全,应对非常时期的支付,是一国重要的战略储备。当前,包括中国在内的众多新兴市场国家的黄金储备量远远低于发达国家。本文认为金融发展水平较低、国际储备制度不健全以及黄金市场不发达是造成新兴市场国家黄金储备量较少的重要原因。其中多数新兴市场国家不成功的金融改革是导致黄金储备问题的根本原因。因此,新兴市场国家应该在风险控制的前提下继续深化金融改革,加强对黄金的重视,完善国际储备制度以及推动黄金市场的发展以适当增加黄金储备量。

Gold reserve is an important strategic reserve of a country.It can not only increase its value,but also maintain financial security and deal with payment of extraordinary times.Now,the amount of gold reserves in emerging market countries is far lower than that of developed countries.This paper points out the low levels of financial development,imperfect international reserve system and underdeveloped gold market in emerging market countries,which are the reasons for low gold reserve.Especially,the failure of financial reforms in emerging markets is the root cause of low gold reserve Therefore,under the control of risk,they should continue to deepen financial reform,enhance the importance of gold which is recognized,and promote the development of the gold market to appropriately increase the amount of gold reserves in emerging markets.