English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 113325/144300 (79%)
Visitors : 51157392      Online Users : 892
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
    •  Adv. Search
    Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer Goto mobile version


    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/97444


    Title: 顛覆中國？透視「亞投行債券」與「帶路基金」
    Other Titles: Toppling China? Perspectives of the AIIB Bonds and Belt-Road Fund
    Authors: 賽明成
    Shai, Ming-Cheng
    Keywords: 亞洲基礎設施投資銀行;美國國債;亞投行債券;帶路基金;人民幣國際化
    AIIB;U.S. Treasury Securities;“AIIB bonds” denominated in dollars;a Belt-Road Fund, internationalization of the renminbi;internationalization of the renminbi
    Date: 2015-06
    Issue Date: 2016-06-03 11:59:05 (UTC+8)
    Abstract: 北京倡議的「亞洲基礎設施投資銀行」（簡稱：亞投行），在華府眼中，卻認為會挑戰到當今美國主導的全球經濟秩序。事實上，資本額度僅1000億美元的亞投行，無法撼動美國在全球金融政治中的主導地位。美國對亞投行戒慎恐懼，真是美元的地位受到威脅？亞投行的設立是否真能實踐人民幣國際化的目標？本文主張，中國應支持亞投行以美元發行（而非人民幣計價） 的「亞投行債券」，並同時設立「帶路基金」發行人民幣計價的「帶路基金債券」。如此，中國才得逐步降低對美國國債的過度依賴，掌握到貨幣主權，進而發展一個具深度、廣度、以及流動性的國債市場。
    Beijing launched the Asian Infrastructure Investment Bank（AIIB）in order to offer financial resources for more investments to Asian countries in need. To some extent, the US$ 100 billion AIIB is not supposed to impose any serious threat to U.S. dominance in global finance. Why does the U.S. fear the China-led AIIB? Would the establishment of AIIB speed up decline of the dollar as an international currency? Is the AIIB likely to contribute to further internationalization of the renminbi（RMB）? This paper contends that China should encourage the AIIB to issue the “AIIB bonds” denominated in dollars rather than in RMB. Meanwhile, China has to establish a Belt-Road Fund（BR Fund）that is authorized to issue RMBdenominated “BR Fund bonds”. In doing so, China may well have a chance to reduce its over-dependence on U.S. Treasury Securities, regain monetary sovereignty, and develop a sufficiently large and liquid bond market.
    Relation: 問題與研究, 54(2), 151-158
    Issues & studies
    Data Type: article
    Appears in Collections:[問題與研究 TSSCI] 期刊論文

    Files in This Item:

    File Description SizeFormat
    54-2(151-158).pdf741KbAdobe PDF2545View/Open


    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告 Copyright Announcement
    1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
    The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

    2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
    NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback