渐进性人民币国际化中的香港地位——兼论人民币国际化的动态路径选择

On HK’s Role in RMB’s Gradual Internationalization

本文构建了货币国际化条件与进程之间相互促进的动态自我强化的理论框架,在此基础上基于人民币国际化条件的分析,提出了人民币周边化——区域化——国际化的渐进式发展路径,分析了在人民币国际化初级阶段,即周边化和区域化中香港不可替代的地位和作用。

The paper constructs interaction mechanism between currency internationalization and its preconditions which underlines currency internationalization dynamic self-reinforcing.Based on that the paper put forward the progressive path of RMB internationalization,that is neighboring regional international.The paper analyses the Hongkong irreplaceable role at the primary stage of RMB internationalization.