论文标题:金融资本全球化下的金融安全与资本流动研究
Research on the Relationship between Financial Safety and Capital Flow in the Financial Capital Globalization
论文作者 刘晓兰
论文导师 陈收；吴献金,论文学位 硕士,论文专业 国际贸易学
论文单位 湖南大学,点击次数 93,论文页数 75页File Size3460k
2002-04-20论文网 http://www.lw23.com/lunwen_689789542/ 金融资本全球化;资本流动;金融风险;资本控制
financial capital globalization;capital flow;financial risk;capital control
金融资本全球化趋势不断加强和加入WTO之后我国金融市场对外开放步伐不断加快的情势，对中国的金融安全提出了新的严峻的挑战。然而，现有的国际资本理论及金融危机理论对这一新形势下的金融安全问题并，未予以系统的论述。本文从金融资本全球化的核心视角出发，以金融资本流动效应为研究对象，对资本流动与金融危机的关系以及资本流动与资本控制的选择和中国金融安全问题进行了较为深入的分析研究。 本文首先对金融资本全球化与经济全球化、金融全球化进行界定，在充分吸收现有的资本流动相关理论和金融危机理论的基础上，建立起统一的理论分析框架；然后运用一个有代表性的第三代货币危机模型——C—P—R模型分析了资本控制的有效性；继而，建立了一个小型开放经济的三阶段模型进行了资本控制有效性的数理分析，并在此模型中，运用博弈论进一步探讨了间接资本控制的有效性及有效税率；进而，比较讨论了发展中国家可供选择的资本控制措施，认为资本控制应主要采用间接措施；最后，从资本流动角度对中国金融安全现状进行分析，并有针对性地提出政策建议，尤其是资本帐户的开放一定要恪守循序渐进的原则。
In face of the challenges of the quicker paces in the financial capital globalization and the opening process of China"s financial market after the entry into WTO, China should attach great importance to the problem of financial safety. But there isn"t a systemic analysis in the existing literature on the subject. This paper from the view of financial capital globalization, studies on the effects of financial capital flow, the relationship between capital flow and financial crisis, the choice of regulation or deregulation and the problem of China"s financial safety.Firstly, this paper discusses the conceptions of economic globalization, financial globalization and financial capital globalization and based on the existing capital flowing theories and financial theories, sets up an academic framework for further study. Secondly, this paper applies a representativenew currency crisis model------C-P-R Model to analyze the effects ofcapital controls. Thirdly, this paper establishes a 3-period small opening economic model and utilizes the game theory to make further research on it. Then, this paper compares the measures to control capital flow and concludes that indirect controls are better than direct controls. At last, this paper analyzes the capital flowing risks in China and makes important suggestions for policy-making, especially that the opening process of capital account should be in proper sequences.
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