欢迎来到OAJRC平台!

期刊目次

加入编委

期刊订阅

添加您的邮件地址以接收即将发行期刊数据:

Open Access Article

Advances in International Finance. 2021; 3: (1) ; 16-27 ; DOI: 10.12208/j.aif.20210002.

Global digital currency governance: current situation, problems and China’s countermeasures
全球数字货币治理:现状、问题以及中国对策

作者: 邓家利, 麦炜坤, 韩永辉*,

广东外语外贸大学经济贸易学院 广东广州

广东外语外贸大学广东国际战略研究院 广东广州

*通讯作者: 韩永辉,单位:广东外语外贸大学广东国际战略研究院 广东广州;

发布时间: 2021-08-24 总浏览量: 175

摘要

为厘清数字货币时代下,全球数字货币体系发展所面临的问题,强化中国抵御数字货币冲击的能力,本文立足全球数字货币发展现状和问题,对全球数字货币治理的中国对策进行研究。研究发现,在发展现状方面,私人数字货币监管趋严,交易市场逐步从混乱走向规范;全球央行数字货币研发各有特点,并在疫情之下显著提速。在问题方面,私人数字货币职能边界模糊,国家法定货币流通空间收窄;货币金融体系风险冲突加剧,宏观经济政策执行效力降低;西方贬抑数字化人民币发展,全球协同治理机制建设缺失三方面问题日益严峻。对此,本文提出加强数字货币体系建设,提升国内治理水平;引导国家比较优势发力,突破西方发展封锁;推动全球数字货币治理,引领实现合作共赢三条对策,帮助中国在顺应数字货币时代发展需求,稳步提升人民币国际地位的同时,引领多方参与国际货币体系改革,寻求建立更公平、稳定的国际货币体系。

关键词: 全球数字货币治理;中国对策;国际货币体系;标准主导权

Abstract

In order to clarify the problems faced by the development of the global digital currency system in the digital currency era, strengthen China’s resistance to the impact of digital currency, this paper studies the China’s governance countermeasures to global digital currency governance based on the current situation and problems. It is found that, in terms of development status, the supervision of private digital currency tends to be stricter, and the chaotic currency trading market is becoming standard; the research and development of the central bank’s digital currency has its own characteristics in different nations and regions, and has been significantly accelerated under the epidemic. In terms of problems, the function boundary of private digital currency is blurred, and the circulation space of national currency is narrowed; the risk conflict of monetary and financial system is intensified, and the effectiveness of macroeconomic policy implementation is weakened; western countries belittle and suppress the development of digital RMB, and the construction of global collaborative governance mechanism is missing, those problems are becoming more and more serious. In this regard, this paper puts forward some countermeasures and suggestions, such as strengthen the construction of digital currency system and improve the level of domestic governance; guide national comparative advantages to break through the development blockade of western countries; promote global digital currency governance, lead for the win-win cooperation. Through three countermeasures above, to help China adapt to the development needs of the digital currency era and steadily improving the international status of RMB. Furthermore, lead multiple parties to participate in the reform of the international monetary system and seek to establish a more fair and stable international monetary system.

Key words: Global Digital Currency Governance; China’s Countermeasures; International Monetary System; Standard Dominance

参考文献 References

[1] Andolfatto D. Assessing the Impact of Central Bank Digital Currency on Private Banks[J]. The Economic Journal, 2021, 131(634): 525-540.

[2] Juks R. When a Central Bank Digital Currency meets Private Money: The Effects of an e-krona on Banks[J]. SverigesRiksbank Economic Review, 2018, 3: 79-99.

[3] 封思贤,杨靖.法定数字货币运行的国际实践及启示[J].改革,2020(05):68-79.

[4] 贾丽平.比特币的理论、实践与影响[J].国际金融研究,2013(12):14-25.

[5] 姚前.法定数字货币的经济效应分析:理论与实证[J].国际金融研究,2019(01):16-27.

[6] Piazza F S. Bitcoin and the Blockchain as possible Corporate Governance Tools: Strengths and Weaknesses[J]. Bocconi Legal Papers, 2017, 9: 125.

[7] Wadsworth A. The Pros and Cons of Issuing a Central Bank Digital Currency[J]. Reserve Bank of New Zealand Bulletin, 2018, 81: 1-21.

[8] 李允,徐娇.国际金融危机新进展及评述[J].国际金融进展, 2019(01) :10-15.

[9] Kochergin D A ,Yangirova A I . Central Bank Digital Currencies: Key Characteristics and Directions of Influence on Monetary and Credit and Payment Systems[J]. Finance Theory and Practice, 2019, 23(4):80-98.

[10] 姚前.法定数字货币的经济效应分析:理论与实证[J].国际金融研究,2019(01):16-27.

[11] Ahmat N, Bashir S. Central Bank Digital Currency: A Monetary Policy Perspective[J]. Bank Negara Malaysia Cenral Bank of Malaysia Staff Indights, 2017, 11: 1-7.

[12] 许多奇.从监管走向治理——数字货币规制的全球格局与实践共识[J].法律科学(西北政法大学学报),2021,39(02):93-106.

[13] 李礼辉.数字货币对全球货币体系的挑战[J].中国金融,2019(17):61-63.

[14] 陈雨露.当前全球中央银行研究的若干重点问题[J].金融研究,2020(02):1-14.

[15] 戚聿东,褚席.数字经济视阈下法定数字货币的经济效益与风险防范[J].改革,2019(11):52-62.

[16] Brunnermeier M, Niepelt D. Digital Money: Private Versus Public[M]//Digital Currency Economics And Policy. 2021(1): 89-113.

[17] Bindseil U. Central Bank Digital Currency: Financial System Implications and Control[J]. International Journal of Political Economy, 2019, 48(4): 303-335.

[18] Fernández-Villaverde J, Sanches D, Schilling L, et al. Central Bank Digital Currency: Central Banking for all?[J]. Review of Economic Dynamics, 2021, 41: 225-242.

[19] Andolfatto D. Assessing the Impact of Central Bank Digital Currency on Private Banks[J]. The Economic Journal, 2021, 131(634): 525-540.

[20] Qian Y. Central Bank Digital Currency: Optimization of the Currency System and its Issuance Design[J]. China economic journal, 2019, 12(1): 1-15.

[21] 韩永辉,韦东明,谭锐.“一带一路”沿线国家投资价值评估研究——基于GPCA模型的测算分析[J].国际经贸探索,2019,35(12):41-56.

[22] 谢平,石午光.数字加密货币研究:一个文献综述[J].金融研究,2015(01):1-15.

[23] 张发林.全球货币治理的中国效应[J].世界经济与政治,2019(08):96-126+158-159.

[24] 封思贤,丁佳.数字加密货币交易活动中的洗钱风险:来源、证据与启示[J].国际金融研究,2019(07):25-35.

[25] 池建宇,方英.中国对外直接投资区位选择的制度约束[J].国际经贸探索,2014,30(01):81-91.

[26] 原瑞玲,田志宏.中国-东盟自贸区农产品贸易效应的实证研究[J].国际经贸探索,2014,30(04):65-74.

[27] 姚前,汤莹玮.关于央行法定数字货币的若干思考[J].金融研究,2017(07):78-85.

[28] 黎峰.全球价值链下的国际分工地位:内涵及影响因素[J].国际经贸探索,2015,31(09):31-42.

[29] 韩永辉,王贤彬,韦东明,况丽文.双边投资协定与中国企业海外并购——来自准自然实验的证据[J].财经研究,2021,47(04):33-48.

[30] 李青,韩永辉,韦东明.文化交流与企业海外并购——基于“一带一路”孔子学院的经验研究[J].国际经贸探索,2020,36(08):81-96.

[31] 韩永辉,麦靖华,张帆.RCEP和中国参与全球经济治理体系改革:困境、机遇与路径[J/OL].长安大学学报(社会科学版):1-10.

[32] 韩永辉,张帆.促进粤港澳大湾区融合发展的思路与对策[J].中国国情国力,2018(08):56-58.

[33] 韩永辉,黄亮雄,王贤彬.产业政策推动地方产业结构升级了吗?——基于发展型地方政府的理论解释与实证检验[J].经济研究,2017,52(08):33-48.

[34] 刘津含,陈建.数字货币对国际货币体系的影响研究[J].经济学家,2018(05):17-22.

[35] 韩永辉,张帆,李子文.双向FDI与雾霾空气污染:理论机制与中国经验[J].国际经贸探索,2021,37(07):100-112.

[36] 韩永辉,罗晓斐,邹建华.中国与西亚地区贸易合作的竞争性和互补性研究——以“一带一路”战略为背景[J].世界经济研究,2015(03):89-98+129.

[37] 裴长洪,于燕.“一带一路”建设与我国扩大开放[J].国际经贸探索,2015,31(10):4-17.

[38] 刘东民,宋爽.法定数字货币与全球跨境支付[J].中国金融,2017(23):75-77.

[39] 韩永辉,罗晓斐.中国与中亚区域贸易合作治理研究——兼论“一带一路”倡议下共建自贸区的可行性[J].国际经贸探索,2017,33(02):72-84.

[40] 韩永辉,邹建华.产业空心化与地区债务危机——再探欧债危机根源[J].国际经贸探索,2016,32(02):91-102.

引用本文

邓家利, 麦炜坤, 韩永辉, 全球数字货币治理:现状、问题以及中国对策[J]. 国际金融进展, 2021; 3: (1) : 16-27.