中国资本外逃的规模测算:1988-2004

自20世纪80年代末以来，资本外逃现象在我国一直存在，而且有愈演愈烈之势。1988年至1992年，中国资本外逃较为稳定并且规模不大，每年保持在300亿美元以下；1993年资本外逃突破500亿美元大关，并在1993年到2000年之间在一个新的高度上继续保持稳定；2001年以后我国的资本外逃开始大幅度上升。中国的资本外逃形势不容乐观。中国资本外逃的中长期走势主要取决于我国是否具有富有弹性的汇率安排、成功的贸易和金融自化改革、有效的金融监管框架、健康的宏观经济政策，以及彻底的国内企业改革。

The Capital Flight out of China during 1988-2004: Scale Measurement

Since the end of the 1980s, the phenomenon of capital flight has existed in China and become more and more severe. The capital flight during 1988-1992 was relatively stable but small in scale, which amounted to less than $ 30billion. It broke through $ 50billion in 1993, and remained stable in a high level during 1993-2000. The capital flight began to rise greatly after 2001. The situation of capital flight out of china is serious. The long-term trend of China's capital flight depends on the elastic exchange rate, successful reform of trade and finance, effective financial supervision, healthy macroeconomic policy and reform of domestic enterprises.