金融服务贸易自由化与资本账户自由化——以GATS为基础的分析

金融服务贸易自由化与资本账户自由化是两个既有本质区别又密切联系的概念.金融服务贸易自由化并不必然意味着资本账户自由化,即使金融服务贸易的完全自由化也不要求资本账户的完全开放.以资本自由流动的原则规定为基础,<服务贸易总协定>在收支平衡方面规定了灵活的保护机制.因此,WTO体制下的金融服务贸易自由化并不必然影响一国维护本国资本流动的能力.

Liberalization of Trade in Financial Services and Liberalization of Capital Account--Analysis based on General Agreement on Trade in Services

Liberalization of trade in financial services and liberalization of capital account are two different and closely related concepts. Liberalization of trade in financial services does not necessarily mean liberalization of capital account, and even full liberalization of trade in financial services does not require full open of capital account. On the basis of general provisions of free movement of capital, GATS provides flexible balance-of-payment safeguard mechanism. Therefore, liberalization of trade in financial services under WTO system does not necessarily affect a country's ability to maintain its capital movement.