This paper analyses the theory of inflation targeting regime under capital account convertibility , and argues that with the openness of rmb , china should carry out inflation targeting regime while the choice of exchange rate regime should be inclined to flexible regime 本文分析了资本账户开放条件下通货膨胀目标制理论,认?承受著人民币资本账户开放度越来越大,我国应该实行通货膨胀目标制,同时汇率制度的选择应该倾向于浮动汇率。
From now on , china should start to take her international finance policy for the coming decade into thoroughly future - toward consideration , and clarify her profound standpoint on the essential problems , such as rmb revaluation , floating rate , and opening capital account 从现在开始,中国必须开始将自己在未来十年里的国际金融政策做通盘的前瞻性考虑,必须搞清楚本国在人民币升值,浮动汇率与开放资本账户等根本性问题上的基本立场。
The opening of capital account might be the rapier that not only brings advanced technology and covers the shortage of domestic saving but also conveys serious finance turbulence . hence how to properly open the capital account is critical for financial development of less developed countries 面对金融全球化,对发展中国家来说,资本账户开放是一把双刃剑,它既带来了先进的生产技术,弥补了国内的储蓄不足,但同时又带来了巨大的金融动荡。