对我国存款准备金率调整及其存在问题的分析

近年来,由于外汇占款大量增加,经济和货币信贷增长较快,中央银行连续调高了存款准备金率。但从存款准备金工具运用的国际经验看,由于该工具存在诸多固有缺陷,目前已逐渐淡出历史舞台。从国内货币政策实践看,存款准备金率在运用过程中也存在诸多问题和不足,过高的存款准备水平无法解决中国经济中的突出矛盾和结构性问题,政府应更有针对性的采用其他政策工具调节经济中存在的问题。

Analysis of Existing Problems in Adjusting the Deposit Reserve Ratio in China

In recent years, due to the increase in foreign exchange and the overly rapid growth in economic and monetary credits, the central bank PBOC has made continual adjustments in the Deposit Reserve Ratio (DRR) which now reaches to the highest level. However, from the international experiences, the DRR tool has currently phased out due to its intrinsic defectiveness. Moreover, from the domestic practices of China's monetary policies, there are also problems and shortage in the process of adopting the tool DRR. The exorbitant DDR cannot solve the severe conflict and structural problem in China's economy. The government should revert to other policy tools more corresponding to the adjustment of the existing problems in economy.