Dissertation > Excellent graduate degree dissertation topics show

Optimal Scale of Chinese Foreign Exchange Reserve Research and Analysis of Practical Choice under Current Situations

Author: JiangWei
Tutor: HeXiaoXing
School: Xiamen University
Course: Investment
Keywords: foreign exchange reserve optimal scale strategic resource reserve
CLC: F832.6
Type: Master's thesis
Year: 2009
Downloads: 435
Quote: 1
Read: Download Dissertation

Abstract


In recent years,the scale of Chinese foreign exchange reserve increase rapidly. The scale of our reserve surpassed that of Japan and rank first in the world in February 2006;the scale exceeded 1000 billion dollars in October 2006;the increases of scale are both more than 400 billion dollars in 2007 and 2008.At then end of 2008, the scale is 1946.03 billion dollars,and equal to 48%of Chinese gross domestic products in 2008.Although plays an active role in our economy,reserve of such high scale gives more negative influence:rapid growth of reserve made monetary base increase sharply,not only influenced the independence and cost of monetary policy, but also worse the problem of excess money.Besides,for the reason of main currency (especially dollar) depreciated,our exchange reserve’ value decreased and afforded much opportunity cost and risk.So what is the optimal scale of reserve and how to actively use reserve become the hot spots of macroeconomics research.There is no unified standard for the optimal scale of a country’s reserve both in theory and practice.At present,there are four main methods to evaluate the optimal scale of reserve,and they are ratio analysis,demand analysis,cost-return analysis and qualitative analysis.All of them have their advantages and short comes.Many scholars used these different methods to evaluate the optimal scale of Chinese reserve and got different conclusions.To solve the above two problems,the thesis firstly define the meaning of optimal reserve and summarize the research situation at home and abroad and the four main methods of optimal reserve evaluation systematically.Secondly,the thesis focus on the scale of Chinese reserve,retrospect the development history and analyze the reason and influence of current situation of Chinese reserve;then give synthetic consideration of several aspects of Chinese reserve demand,combine the ratio analysis and cost-return analysis to evaluate the optimal scale of Chinese reserve;at last get the conclusion that Chinese reserve far exceed the optimal scale at present. Finally,the thesis base the conclusion above,learn the experience of Singapore and Norway’ methods to actively and successfully use the reserve and analyze the different directions of investment of our abundant exchange reserve comparatively, conclude that purchase important resources and increase strategic resource reserve is our best choice to actively resolve the problem of excess exchange reserve.The thesis also gives some suggestion about this conclusion.

Related Dissertations

  1. The Study on the Foreign Exchange Reserve Management of China,F832.6
  2. Research on China’s Foreign Exchange Effective Management of Post-crises Era,F832.6
  3. A Study on the Appropriate Scale of China’s Foreign Exchange Reserve,F832.6
  4. Explore the analysis of China 's foreign exchange reserves,F832.6
  5. The Research of Japan’s Foreign Exchange Reserves,F833.13
  6. The Risk and Apploy of China’s Foreign Exchange Reservers after Financial Crisis,F832.6
  7. Research on Legal Issues of Foreign Exchange Reserve Management,D922.29
  8. Study on the Comparison of China’s Foreign Exchange Reserves and Japan’s,F832.6
  9. Management of Currency Composition of China’s Foreign Exchange Reserve after the RMB Exchange Rate Reform,F832.6
  10. Research on Currency Allocation of Foreign Exchange Reserve Based on Category Management,F832.6
  11. East bank of foreign reserves,F833.1
  12. China Foreign Exchange Reserves Management under Subprime Mess,F832.6
  13. The Legal Analysis of the Marketizational Operation of China Investment Corporation,F832.6
  14. The Research on the Appropriate Size and Based on the Ajusted Model of Agarwal of Foreign Exchange Reserve in China,F832.6
  15. The Analysis on Optimal Foreign Exchange Reserve in China Based on the Agaraual Model and Co-integration,F832.6
  16. Research on the Influence of Foreign Exchange Reserve on Money Supply in China,F832.6
  17. Study on the Suitable Foreign Exchange Scale of Our Country in Open Economy,F832.6
  18. The Analysis of Foreign Exchange Reserve and Money Supply,F822.2;F224
  19. An Empirical Analysis of Why the Banks Deposit and Lending Spread Widened,F832.4;F224
  20. Study on Legal Issues of Foreign Exchange Reserve Management,D922.286
  21. Study on the Year 2007-2008 China’s Imported Inflation and Anti-Inflation Measures,F822.5

CLC: > Economic > Fiscal, monetary > Finance, banking > China's financial,banking > Exchange rate,foreign financial relations
© 2012 www.DissertationTopic.Net  Mobile