2016年全球宏观经济和金融市场的重要议题有三个:美联储货币政策正常化、负利率政策和英国脱欧。这些议题的共同特征是对未来全球宏观经济前景有重要影响,且由于缺乏历史先例供参考,其操作和影响均存在相当大的不确定性。这一背景下,2016年全球智库和学界围绕这些议题展开了热烈的讨论,本文分别介绍和评论这些议题的主要内容、关键认识分歧和政策含义。
<<There are three key issues in global macroeconomy and financial markets in 2016,namely the normalization of the Fed monetary policy,the widening and deepening of the negative interest rate policy,and the UK’s vote to leave the EU. One common feature of these issues is that huge uncertainties hover above their related policy practice and impact,due to a lack of historical precedents. Against this background,global think-tanks and academia made heated discussions around these issues. The paper introduces and comments the contents,opinions,divergences and policy implications of these issues.
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