《美国量化宽松货币政策的影响与我国的应对策略分析》毕业学术论文.docVIP

本科生毕业论文 美国量化宽松货币政策的影响与我国的应对策略分析 （外文题目） 学　　号 200802010408 姓　　名　　 学　　院　　　　　 商 学 院　　　 专　　业　　　　　　国际经济与贸易 　　 指导教师　　 讲师 　 完成时间　　　　　 2012 年 4 月 江西师范大学教务处制摘要 受次贷危机的持续影响，2010年一季度以后美国经济复苏势头依然弱化。在降息、扩大财政赤字规模等刺激经济增长的常规政策措施空间有限的情况下，为巩固经济复苏势头，美国采取了实施第二轮量化宽松货币政策的非常规措施。量化宽松政策增加的是基础货币将是导致美元贬值，加大全球通货膨胀的压力，刺激国际市场短期资本流向中国、印度等新兴市场，稀释美国债务，加大其他国家持有美元固定收益资产的投资损失。中国持有的大量固定收益美元资产将因此大幅缩水，并面临输入型通胀的压力加大和短期资本大量涌入的挑战，面对严峻的国际国内经济形势，本文在结合中国自身国情和相关经济理论与实践的基础上，提出相关建议性的意见和指导性的对策，希望能够供有关部门参考与借鉴。 关键词：量化宽松货币政策，通货膨胀，资本流动 Abstract Impacted by the durable subprime crisis, the resurgence of American economy did not appear to be very strong after the first quarter of 2011. Under the condition that the conventional measure of spurring economic growth, such as reducing the interest and expanding the fiscal deficit, contributed a little, in order to underpin the economic resurgence momentum, US had conducted the unconventional measure, the second round of quantitative easing, which increases the basic currency. Consequently, it will result in the devaluation of US dollar, enhance the global inflation, stimulate global short-term capital flow into the emerging market like China and India, dilute the American debt, and extend the economic damage to those countries holding fixed-income assets of dollar, especially to China. Combining more imported inflation, China are about to be swamped with severe economic situation both abroad and domestic. Based on the China’s own national conditions and relevant economy theory and practice, this thesis will propose some constructional suggestions and oriented strategies in hope of severing as reference and examples to some relevant sectors. Key words: quantitative easing, inflation, capital flow 目 录 摘要 I Abstract II 1 绪论 1 1.1选题的背景和研究的意义 1 1.1.1政治背景