近年来我国输入型通货膨胀:传导途径、观点争鸣及应对措施

Recent China’s Imported Inflation:Pathways,Polemic and Coping Measures

近年来美日欧等全球主要经济体接连推出几轮量化宽松货币政策,我国输入型通货膨胀压力和风险备受社会各界关注。首先从国际商品价格传导、货币供给、成本推动等几种不同传导途径对近年来我国输入型通货膨胀进行分析。针对中国输入型通货膨胀是对外输出还是从外部输入的不同观点进行了分析,并对我国对外输出通货膨胀观点进行了批驳。在此基础上,针对输入型通货膨胀的不利影响,结合中国国情提出了切合实际的、有针对性的应对措施。

Since the United States,Japan and Europe and other major global economies’ successive introduction of several rounds of quantitative easing monetary policy,China’s risk of imported inflation gained many conderns.This paper firstly analyzes recent China’s imported inflation from several different pathways such as the conduction of international commodity prices,the money supply,the cost-push,and then analyzes different points of view about whether China’s imported inflation is external output or external input,and refutes views of China’s exporting inflation.On this basis,realistic and specific response measures are recommended.