利用外资形式的国际比较研究——兼论中国利用外资形式战略

【作者】 朱瑞雪；

【导师】 金凤德；

【作者基本信息】 东北财经大学 ， 世界经济， 2003， 硕士

【摘要】 在经济全球化日益加深的今天，利用外资来加快发展本国经济已成为各国的共识。外资包括外商直接投资、国际信贷和国际证券投资。三者对于促进一国经济健康增长都是必要的，但东道国特别是发展中国家在对待三者的态度和政策上相距甚远。如何协调利用这三种形式的外资?本文考察了东亚和拉美国家利用外资形式的特点，解释了它们在当时的时代背景下，采取不同的外资形式的原因和对本国经济产生的影响。中国已经成为发展中国家最大的资本引进国，全面审视和调整我国外资利用战略已成为不可忽视的重大课题。 全文分四章。 第一章：概念界定。界定国际直接投资、国际信贷和国际证券投资的基本概念和三者之间的联系与区别。 第二章：东亚和拉美国家利用外资形式考察。本章选取了几个利用外资有代表性的国家的例子。日本和韩国是利用国际间接投资成功的例子，他们积极利用国际信贷和国际证券投资，掌握本国经济的自主权，从而使经济走向腾飞之路；而拉美国家却因沉重的外债负担而走向了曲折的改革之路。 第三章：比较分析与结论。本章对东亚和拉美各国利用外资的形式做了评价，并在此分析基础之上，得出了结论。第一，利用外资对于一国经济发展具有必要性；第二，利用各种形式外资的有效性，不仅与当时所处的世界经济环境有关，还与本国的经济发展阶段水平和吸收各种形式外资的能力有关；第三，利用外资也存在着引发金融危机的隐患。 第四章：中国战略选择。通过对当前国际资本流动的特征、中国利用外资形式的发展变化和中国利用国际直接投资、国际信贷投资和国际证券投资的利弊分析，文章提出了我国当前利用外资形式的建议：逐步减少外国直接投资的比重，开拓多元化的引资渠道，加强对国际信贷和国际证券投资的利用。更多还原

【Abstract】 Today economic globalization is more and more deepening and to develop the domestic economy through utilization of foreign capitals is becoming every country’s common consensus. Foreign capitals include foreign direct investment, international loan and international portfolio investment. All of the three are essential to the healthy growth of a country’s economy, but the attitudes and the policies taken by the host countries especially the developing countries are varying. How to use the three forms of the foreign capitals coordinately? The dissertation explored the characters of the foreign capitals utilization of the East Asia countries and the Latin American countries and explained the reasons why they adopted the different forms of the foreign capitals and the effects brought to the host countries under the background of that time. Now China has been the largest country in attracting foreign capitals among the developing countries. To fully examine and adjust our country’ strategy in utilization of foreign capitals has been an important topic that can’t be ignored.The dissertation has been divided into four parts.The first part: introduction. To definite the basic concepts, differences and relations of the three forms of foreign capitals: foreign direct investment, international loan and international portfolio investment.The second part: the survey of the forms of foreign capitals used by east Asia and Latin American countries. This part has taken several representative countries in utilization of foreign capitals for example. Japan and South Korea are the successful countries in using foreign indirect investments. They have actively took use of international loan and international portfolio investment, thus they could take hold of their nation’s economic authority and made their economy prosperous; however the Latin American countries were on the way to the twisted reform because of the heavy foreign loan.The third part: comparative analysis and conclusion. This part has evaluated the forms of foreign capitals used by East Asia and Latin American countries and the conclusion has been drawn on the basis of it. First, utilization of foreign capitals is essential to a country’s economic development; Second, the effectiveness of utilization of the three forms of foreign capitals not only has relation with the world economic circumstances of that time but also with the development stage and level and the ability of digesting each form of foreign capitals of the host country; Third, hidden danger also exists in the utilization of foreign capitals.The fourth part: China’s strategy. Through analyzing the characters of the international capitals flowing, the development and changes of the form of foreign capitals taken by China and the advantages and disadvantages of the three forms of foreign capitals, the dissertation has brought out the suggestions for China to take in using the foreign capitals forms: to gradually reduce the rate of the foreign direct investment, explore diversified channels of using foreign capitals, strengthen the utilization of international loan and international portfolio investment.更多还原