2017 by the United States sub loan crisis triggered by the global economic crisis caused by the economic downturn, the people's deep thinking. Consider one of the global financial development on economic growth of stimulative action history lesson, but how to rein in the financial, the cast actively promote economic growth effect is the crux of the problem. Thinking of the two is the international economic balance once again surfaced, thus extending the European sovereign debt crisis and the international monetary system reform to put on the agenda. This series of changes once again test the transition of the country's exchange rate policy of justice and usefulness, is to discuss the transition of the country's exchange rate control is more practical and urgent. Economic transformation model countries -- Russia, although economic growth long-term objective and our differences, adhere to economic steady increase. However because of their economic base, political rail system and the process of marketization difference incurred choose different transition pathways, and constitute the dominant disagreement and exchange rate system, resulting in the divergence of the economic outcomes. Through the influence of the exchange rate of the RMB to the Russian economy, the experience and the lack of it, and the practical reference for our country's economic construction is the goal of the study. The test on international economics actual focus, combined with ancient microeconomics international currency actual, analysis of Russia in the economic transformation era in exchange rate system is designed for the purpose of policy, and the performance of the resulting economic impact, trying to seek economy in the market in the process of exchange rate system request and resolution this mutual influence relations. According to the research motivation and practical significance, the surrounding dominant ruble exchange rate system for the Russian economic impact of open discussion, below the important content: introduction part introduces the research goal and the significance and the ruble exchange rate rail of dominating influence on the Russian economy stop the literature review, proposed to solve the problem. Based on Application of international economics and exchange rate economics theoretical and empirical discipline research methods were analyzed, also in the examination innovation also explains the research by the lack of places. The second chapter reviews the mechanism and reason of the exchange rate control effect on a country's economy. From the point of view of the micro transmission mechanism, including business conduction, asset price transmission, FDI mechanism and interest mechanism; from micro processing point of view, the choice of the exchange rate can adjust the micro economy inside and outside off balance policy collocation principle were analyzed in this paper based on. The third chapter of Russian transition since the choice of the exchange rate system in different stages of economic growth stopped looking back, and put forward the Russian authorities are actively complete the purpose of the internationalization of the ruble, so in exchange rate regime choice is to complete a floating exchange rate system growth. But in the micro economic operation, the Russian authorities in accordance with the requirements of economic growth to stop excessive interference, the Bank of Russia in the foreign exchange market reversal of currency basket occurred rubles gradual depreciation of the results. In the floating exchange rate system, the gradual depreciation of the Russian approach to the economic impact of what kind of detail, will be through the process of micro conduction mechanism and micro conditioning principles to be sorted and summarized. The fourth chapter to the seventh chapter on business, capital market, domestic debt and the international price level aspects, first and foremost a retrospect of the conflict of interest under the domination of the aforementioned aspects of the growth of the state, followed by analysis of the since 1999 rubles to adopt the floating exchange rate system, exchange rate policy to fulfill the gradual depreciation method of Russian business, capital market, debt governance, international price level influence the separation stopped comment debate. Chapter 8 from the exchange rate system dominated micro perspective on the economic impact, to 1998 in two stages before and after the exchange rate under the control of Russian and international economic equilibrium stop a recall, and for international economic imbalances, modification and application of m a f mold spring federal authorities to implement the policy mix analysis. Results showed that Russian monetary policy objective multiple circumstances, the authorities eventually seek is stable exchange rate target. Therefore, the government adopted the gradual depreciation of the exchange rate approach, after all, said the international import and export value is still not get a large improvement, the steady growth of the economy pressure. In the ninth chapter, the choice of the exchange rate system is summarized, and it is pointed out that the central bank can not prevent the exchange rate from choosing the actual hypothesis. Inspired by the Department, through the process of summing up the impact of the exchange rate of the Russian economy on the Russian economy as the inspiration for China's exchange rate system reform. Through the analysis of the process of the ruble exchange rate impact on the Russian economy research, draws the following important conclusion: chapeau, Russia implemented floating exchange rate system since, although authorities communication advocated ruble exchange rate by foreign exchange market regulation, but in actual operation process emerged "fear of floating" scene, the international economy body distribution combined action, making the currency government interference to a floating exchange rate. When the international import surplus and foreign exchange reserves sufficient case, because the Russian special commercial construction request, if the ruble, night amplitude rapid devaluation when concerns about the emergence of "Dutch disease"; when the internal demand caused by reduced its international import and deficit, because the authorities and 目录: |
