摘要
1990年代俄罗斯经济持续衰退具有复杂的地缘政治背景,即苏联作为一个政治共同体解体后,原本形成的区域经济以及财政金融系统仍在运作,如苏联卢布仍以区域货币联盟的形式存在。随着原加盟共和国之间的经济博弈劣化,导致"卢布区"走向解体,加速了各国经济的持续衰退。本文结合苏联解体后地缘政治衰落因素与货币金融因素协同演进的历史,从货币地理学视角解释了这一复杂进程,即苏联作为政治实体分解后,卢布开启国内化进程,货币实力持续弱化,加剧了经济持续衰退带来的惯性冲击。1997年亚洲金融危机后,俄罗斯经济失去了抵抗风险能力,最终催化了1998年主权债务危机。
Russia’s prolonged economic recession in the 1990s has complex geopolitical background.After the disintegration of the political union that was the USSR,regional economic and financial systems,including the ruble zone currency union,were still at work.As economic competition among former Soviet republics became a race to the bottom,the ruble zone disintegrated,aggravating economic recession of these countries.This article combines geopolitical decline and coevolution of monetary-financial factors,in order to explain the complex processes of domestication of ruble and weakening of Russia’s monetary power after disintegration of the political union,which in turn have aggravated economic shock resulting from the recession.After the 1997 Asian financial crisis,Russia lost the capacity to mitigate risks,and paved its way to the 1998 sovereign debt crisis.
出处
《东方学刊》
2020年第1期74-82,123,共10页
Dongfang Journal
关键词
货币地理学
货币竞争理论
主权债务危机
苏联解体
俄罗斯经济
geography of money
theory of currency competition
sovereign debt crisis
disintegration of the Soviet Union
Russian economy
作者简介
刘典,中国人民大学重阳金融研究院助理研究员;张婷婷,中国人民大学重阳金融研究院助理研究员