中国外汇衍生品市场发展及对策研究被引量：4

Research on the Development and Countermeasures of the Foreign Exchange Derivatives Market in China

在线阅读下载PDF

导出

摘要目前,随着我国金融市场改革的进一步推进,外汇衍生品市场作为金融市场中不可或缺的一部分需要得到更强有力的发展,这不仅有利于活跃我国外汇市场、促进人民币汇率体制改革以及人民币国际化,并且能够帮助进出口企业有效套期保值、对冲风险。论文结合外汇衍生品市场存在的部分风险,对中国外汇衍生品市场的发展历程、宏观环境和微观问题进行剖析,并提出解决的建议和方向,旨在优化我国外汇衍生品市场结构并促进其发展,增大其体量并使之与我国经济发展规模相匹配。 At present,with the further advancement of China's financial market reform,the foreign exchange derivatives market,as an indispensable part of the financial market,needs to be developed more strongly,which is not only conducive to activating China's foreign exchange market,promoting the reform of RMB exchange rate system and RMB internationalization,but also can help import and export enterprises effectively hedge and hedge risks.Combined with some risks existing in the foreign exchange derivatives market,this paper analyzes the development process,macro environment and micro problems of the foreign exchange derivatives market in China,and puts forward solving suggestions and directions,aiming to optimize the structure of China's foreign exchange derivatives market and promote its development,increase its volume and match it with the scale of China's economic development.

作者徐逸文 XU Yi-wen(Henan University,Kaifeng 475004,China)

机构地区河南大学

出处《中小企业管理与科技》 2021年第28期91-93,共3页 Management & Technology of SME

关键词汇率外汇衍生品发展对策 exchange rate foreign exchange derivatives development countermeasures

分类号 F832.6 [经济管理—金融学]

作者简介徐逸文(2000-),女,山东济南人,从事国际经济与贸易研究。

引文网络
相关文献

参考文献1

1斯文.发展我国外汇衍生品市场的理论分析与政策思考[J].世界经济研究,2014(5):20-26. 被引量：9

二级参考文献21

1Aabo T.. The Impact of Individual-Owners on Currency Specu- lation : the Case of Danish Non-financial Firms [ J ]. Interna- tional Journal of Managerial Finance, 2007 ( 1 ) : 92-107.
2Allayannis. G., U. Lelb,D. P. Millerc. The Use of Foreign Currency Derivatives, Corporate Governance, and Firm Value around the World [ J ]. Journal of International Economics. 2012( 1 ) :65-79.
3Bartram, S. M. , G. W. Browna,J. Conrada. The Effects of Derivatives on Firm Risk and Value [ J ]. Journal of Financial and Quantitative Analysis, 2011 (4) :967-999.
4BIS. Triennial Central Bank Survey of foreign Exchange and Derivatives Market Activity in 2013 [ R] ,2013.
5Broil, U. , P. Welzel, K. P. Wang. Export and Strategic Cur- rency Hedging[ J]. Open Economies Review, 2009, 20 ( 5 ) : 717-732.
6Hagelin, N. , B. Pramborg. Hedging Foreign Exchange Expo- sure: Risk Reduction from Transaction and Translation [ J ]. Journal of International Financial Management and Account-ing, 2004( 1 ) :1-20.
7ISDA. Over 94% of the Worlds Largest Companies Use Deriv- atives to Help Manage Their Risks, According to ISDA Survey [ R ]. 20(19 : 1 -4.
8Romer, D.. Advanced Macroeconomics (4th Edition) [ M]. Boston, McGraw-Hill Irwin. 2011.
9Stiglitz, J. E.. Rethinking Development Economics [ J]. The World Bank Research Observer, 2011 (2) : 230-236.
10Solow, R. M.. Technical Change and the Aggregate Production Function[ J]. The Review of Economics and Statistics,1957, 39(3 ) :312-320.