基本可兑换(经登记或核准)的有12项占28%;有限制的16项占37%;暂时禁止的有15项占35%到2001年底外商直接投资、中资企业在境外上市筹资和外债余额合计为5600亿美元同时中国国家外汇储备、中资企业在境外投资和中资金融机构境外净资产合计超过4000亿美元另外作为一种过渡性的改革与开放措施中国已正式推出了QFII向合格国际机构投资者有条件地开放了A股市场与人民币债券市场下一阶段在完善QFII机制的同时也在积极创造条件引入QDII这将推进人民币自由兑换的进程参考文献
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CorruptionandCurrencycrisis
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Abstract:Cronycapitalismandself-fulfillingexpectationsbyinternationalcreditorsareoftensuggestedastworivalexplanationsforcurrencycrisis.Thispaperexaminesapossiblelinkagebetweenthetwothathasnotbeenexploredmuchintheliterature:corruptionmayaffectacountry’scompositionofcapitalinflowsinawaythatmakesitmorelikelytoexperienceacurrencycrisisthatistriggered/aidedbyasuddenreversalofinternationalcapitalflows.Andfinally,thispapermadeananalysisofthestatusofcompositionofcapitalinflowsandcorruptioninChina.
Keyword:currencycrisis,corruption,compositionofcapitalinflows,FDI,internationalbankloan,portfolioflow
p;andself-fulfillingexpectationsbyinternationalcreditorsareoftensuggestedastworivalexplanationsforcurrencycrisis.Thispaperexaminesapossiblelinkagebetweenthetwothathasnotbeenexploredmuchintheliterature:cor
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ruptionmayaffectacountry’scompositionofcapitalinflowsinawaythatmakesitmorelikelytoexperienceacurrencycrisisthatistriggered/aidedbyasuddenreversalofinternationalcapitalflows.Andfinally,thispapermadeananalysisofthestatusofcompositionofcapitalinflowsandcorruptioninChina.
Keyword:currencycrisis,corruption,compositionofcapitalinflows,FDI,internationalbankloan,portfolioflow
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