日元国际化的前景及其影响

THE PROSPECT OF YEN INTERNATIONALIZATION AND ITS POSSIBLE INFLUENCE

今年以来，由于日元国际地位下降、欧元启动以及亚洲金融货币危机为日本带来的机遇，日本加快了其推行日元国际化的步伐。日通过改善日本国内金融资本市场和方便日元的使用、加大对亚洲国家的金融支援等举措，推进日元国际化的进程。在推进过程中，日既有有利条件，也面临诸多不利因素。而日元国际化对不同国家和地区也将产生不同的影响。

Inthis article,Lu discussedthe backgroundof the possible yen internationalization ,the measuresto be taken by the Japanese government,the prospectand theinfluence of an internationalized yen . Lu holds that Japan pursues the yen internationalization forsome reasons,such asthe descending of Japan○s world position ,the launching of euro ,and the opportunitygiven by Asian financialcrisis.The measuresto be taken by the Japanese governmentinclude improving do mestic financialand capital marketand facilitating yen circulationto draw moreinvestors,raisingtheratio ofyen circulation by enhancing financial assistance to Asian states and projecting a conception of monetary sys tem to make yen a majorinternationalcurrency. Lu saysthatthe yen internationalization is facing both fa vorable and unfavorable conditions,butit does exertitsinfluence both inwardly and outwardly .