美国金融制裁对目标国金融安全的影响:俄罗斯的例证
张春生 1陈瑞华 2牛飞亮3
作者信息
- 1. 广东财经大学金融学院
- 2. 南开大学经济发展与安全研究中心;喀什大学中巴经济走廊研究中心
- 3. 喀什大学经济与管理学院
- 折叠
摘要
以美元为世界中心货币的全球金融体系是美国对其他国家实行金融制裁的核心载体,美国利用非对称货币权力对侵害其利益的目标国进行制裁,导致目标国出现资本外逃、汇率暴贬、利率飙升等金融不稳定问题.该文在梳理美国对目标国金融制裁手段的基础上,分析金融制裁核心出口产业、银行业、主权性组织的作用机制,探寻金融制裁对目标国金融安全的影响路径及后果,并以俄罗斯为例,研究美国金融制裁对俄宏观经济及金融市场的冲击,导致俄罗斯资本流动,利率、汇率、股价震荡,并进一步影响经济增长、物价稳定、财政收支,其国家金融安全面临巨大挑战.而对金融制裁,目标国有必要提前预判金融制裁的步骤,减弱金融制裁的烈度,阻断次级制裁,尽可能降低金融制裁对目标国金融安全的威胁.
Abstract
This paper explores the path of the impact and consequences of financial sanctions on the financial security of target countries by studying the mechanisms for the sanctions to exert impact on the core export industries,banking,and sovereign organizations on basis of an analysis of the sanctions measures.The performance of Russia's macroeconomy and financial markets is analyzed when sanctions imposed substantial challenges on Russia's national financial security as they triggered capital flight,sharp fluctuation in interest rate,exchange rate as well as stock prices,and hence undermine its economic growth,price stability,and fiscal revenue and expenditure.In response to financial sanctions,target countries are advised to predict the probable steps of the sanctions so as to soften the crippling impact,stop secondary sanctions,and reduce the threat of the sanctions on their financial security to the minimalist level.
关键词
金融制裁/非传统金融安全/金融风险Key words
financial sanctions/non-traditional financial security/financial risks引用本文复制引用
出版年
2024