The Growth of the East Asia’s Foreign Exchange Reserve and Its Influence
|Keywords||East Asia Foreign exchange reserves Management model|
In the 21st century , the scale of the world 's foreign exchange reserves showed a rapid growth trend . However , this growth trend in the various regions and countries was not the same , the growth of foreign exchange reserves of developing countries and regions, much faster than in developed countries and regions . Which particularly rapid growth of foreign exchange reserves in the East Asian countries and regions , especially after the Asian financial crisis in 1997 , the East Asian countries and regions have accumulated a large amount of foreign exchange reserves , the size of its foreign exchange reserves accounted for most of the total global foreign exchange reserves . The rapid growth of foreign exchange reserves in the East Asian countries and regions have a number of reasons , both the reasons of its own economic system , international environmental reasons . Huge foreign exchange reserves of the East Asian countries and regions , and enhance the East Asian countries in economic strength , to improve the ability of foreign payments , enhanced ability to withstand external economic shocks , but not the better of foreign exchange reserves , excessive foreign exchange reserves will impact on a country's economy , and the excessive growth of foreign exchange reserves in the East Asian countries and regions will have an impact on the economies of other countries and even the world economy . In this paper, the theoretical analysis based on combining the use of data and information , the combination of theory and policy analysis , trends , characteristics , causes and impact of foreign exchange reserve growth of East Asian countries and regions . Summary of the major economies in East Asia 's foreign exchange reserves management model based on the combination of the actual situation in China , and put forward some positive suggestions on China's foreign exchange reserves management .