我国金融中介目标M2/GDP国际比较研究

INTERNATIONAL COMPARATIVE STUDY OF THE M2/GDP OF FINANCIAL INTERMEDIARY TARGET IN CHINA

分析了世界平均M2/GDP水平,并对比了不同经济发展水平国家M2/GDP情况,在此基础上,将中国分别与发达经济体、金砖国家、亚洲邻国进行了M2/GDP对比,试图揭开中国M2/GDP指标状况及其增长原因,为政府制定合理货币政策提供依据。

As a financial intermediary target,M2 /GDP has always been highly concerned by scholars.In recent years,China’s M2 /GDP has been increased year by year,and domestic scholars analyze the causes of the higher M2 /GDP as well as the consequences it is likely to bring about from different angles.In order to explore whether the M2 /GDP is really high in China,the paper first analyzes the world average level of M2 /GDP and compares the M2 /GDP situation in different countries.Based on this analysis,the paper compares the M2 /GDP of China with that of the developed economies,the BRIC countries,and Asian countries,analyzes the status of M2 /GDP in China and the reasons for its growth,and then provides the basis for the government to formulate a reasonable monetary policy.