我国货币流通速度变化的原因探析

Cause Anlysis on the Decrease of China's Velocity of Money

本文就我国以GDP/M2 为指标的货币流通速度减慢这一现象 ,给出了几方面的解释。文章认为经济的货币化、中央银行货币过量的发行、银行的不良债权、制度性紧缩是我国货币流通速度减慢的主要原因 ,指出货币流通速度的不断减慢反映了我国经济运行的深层次问题。

The paper analyses China's economy and draws conclusions that the decrease of velocity of money is due to those key factors like economy monelization,excessive issue the money,bad creditor's right of state-Mowned bank and institution restraint.It also points out that the decrease of velocity of money reflects underlying problems of economic operation in China.