國(guó)際經(jīng)濟(jì)與貿(mào)易外文翻譯--自1979年以來(lái)中國(guó)的外匯政策發(fā)展回顧和評(píng)估（節(jié)選）

1、中文 4480 字本科畢業(yè)設(shè)計(jì)（論 本科畢業(yè)設(shè)計(jì)（論文） 文）外文翻譯 外文翻譯題 目 姓 名 專(zhuān) 業(yè) 國(guó)際經(jīng)濟(jì)與貿(mào)易 學(xué) 號(hào)

2、 指導(dǎo)教師 二○一三年五月 二○一三年五月policy makers about the high risk of opening up the capital account without a sound financial system in Place. A cautious approach to capital account libe

3、ralization has gained even greater credibility. In the aftermath of the Asian financial turmoil, the Chinese authorities intensified their efforts to reform and strengthen the financial sector. In November 2001, China co

4、ncluded its accession to the World Trade Organization (WTO). As the result of the negotiations, China has agreed to open domestic financial markets substantially to foreign investment. While detailed analysis is still ne

5、eded to assess the implications of those commitments for the current capital control regime, pressure for capital account liberalization will certainly increase. China has moved to the last frontier of its foreign exchan

6、ge reform. Previous reforms have generally focused on gradual liberalization of the current account and inward direct investment, aimed at strengthening the real sector and export capacity of the economy, whereas the nex

7、t phase of capital account liberalization tends to be closely related to the development of the domestic financial sector. China is faced with a formidable task of shaping its financial sector in a way that would sustain

8、 capital account liberalization. The purpose of this paper is twofold: First, it will describe the process of China’s foreign exchange reforms as they unfolded since 1979; second, the paper will examine major policy chan

9、ges and assess their impact on the economy. The paper is organized as follows: Section 2 briefly describes the pre reform foreign trade and exchange regimes to serve as a starting point for the paper; Section 3 discusses

10、 the 1979 external reform and the adoption of the internal settlement rate (ISR) from 1981 to 1984; Section 4 focuses on the rapid development of the foreign exchange swap market after the mid-1980s until 1993; Section 5

11、 describes the market-oriented exchange reform in 1994 and additional measures taken to achieve RMB current account convertibility in late 1996; Section 6 describes the policy changes before and after the Asian financial