全球高通胀的成因、影响与应对策略研究

Research on the Causes, Impacts and Countermeasures of Global High Inflation

全球高通胀是需求变动、供给冲击、政策调整等因素综合作用的结果,并经由贸易、金融、政策等传导渠道,对包括我国在内的经济体持续加深影响。不确定的贸易环境施加输入性通胀压力,全球融资环境收紧引发资本异常流动、破坏金融稳定,国内外政策路径分化干扰国内经济运行。因此,亟需积极应对不断高企的粮食和能源价格、不断收紧的国外金融环境及不断分化的国内外政策路径,努力将国内通胀水平维持在合理区间。

The global high inflation is the result of the combined effects of demand changes, supply shocks, policy adjustments and other factors, and has a continuous and deep impact on economies including China through trade, finance, policy and other transmission channels. The uncertain trade environment imposes imported inflationary pressure,the tightening of the global financing environment causes abnormal capital flows, destroys financial stability, and the differentiation of domestic and foreign policy paths interferes with the operation of the domestic economy. Therefore, it is urgent to actively respond to the rising food and energy prices, the tightening foreign financial environment and the increasingly differentiated domestic and foreign policy paths, and strive to maintain the domestic inflation level within a reasonable range.