资本账户开放风险与对策研究

伴随着经济金融全球化推进，资本账户开放已成为一个国家在推动经济发展和强化对外交流中不可或缺的关键环节。但资本账户开放往往也会给开放国的金融秩序、货币汇率、对外贸易造成一定风险和挑战。本文指出资本账户开放可能导致开放国短期宏观经济过热、投机资本过度涌入等问题，并有针对性地提出保持稳定连续的宏观经济政策、实行富有弹性的汇率政策等对策。

The Research on the Risks and Countermeasures for Capital Account Openness

With the promoting of economic and financial globalization, the capital account openness has become a critical component of promoting economic development and strengthening foreign exchange for country. But the capital account openness tends to risks and challenges for country's finance disorder, exchange rates and foreign trade. This paper point out that the capital account openness might have caused some problems, such as short-term macroeconomic overheating, excessive influx of speculative capital, etc. Then this paper put forward some countermeasures, such as keeping continuous macroeconomic policy, implementing a more flexible exchange rate policy.