Research About The Influence On The Bank System Executed By International Short-term Capital Flow

Since the end of last century, several times of occurrences of currency crisis taking place in some developing countries have made the international short-term capital flow become one of the heat issues to be researched in the realm of international finance. In recent years, along with widespread and powerful international expectation of the appreciation of RMB, a great deal of international short-term capital flows into China through various kinds of legal or illegal channels. This kind of fast movement of international short-term capital between international and domestic financial market has greatly executed negative influence on the stability of financial system, especially the stability of bank system of our country. With the acceleration of the opening process in the realm of finance and the relaxation of capital control in our country, this kind of influence will become stronger and directer. This article purposes analysing the influence on the the bank, system executed by international short-term capital flow from both the point of view of macro finance and micro finance. Seeing from the macro aspect, under the exchange rate system of RMB eyeing on US Dollar for a long time, the international short-term capital flow has direct influence on the monetary policy of the National Central Bank ; Seeing from the micro view, the commercial bank system absolutely occupys the main position in the financial industry of our country. It can hold the main influence of international short-term capital flow on the financial industry by researching the influence of international short-term capital flow on the bank system stability.In this article, firstly, it describes the meaning of the research, as well as the writing scope and the reaearch method, and summarizes the results of domestic and...