Hiệu quả của những chính sách bình ổn tỷ giá từ năm 2008 đến tháng 52011

25 287 0
Hiệu quả của những chính sách bình ổn tỷ giá từ năm 2008 đến tháng 52011

Đang tải... (xem toàn văn)

Tài liệu hạn chế xem trước, để xem đầy đủ mời bạn chọn Tải xuống

Thông tin tài liệu

DANH SÁCH NHÓM 2 – LỚP CH11B2. Họ tên học viên Mã học viên        !"  #$% # MỞ ĐẦU  1. Lý do chọn đề tài: &'()*(+(,-$.-/(01-2-34'34'565(-7'8!0901 ,54585:4('.;<585-=5>5-?5@'%?'AB'-'-C4').5 5-48)?95D'EFG',H'I0,-+E,:4(5J(585-=5>5 ,-0('4-0K'-CB1-=$.-/(2'-&<95D''%,H'@-,9 ,L54///-C4').50!?-7'8 <MN'O'M.;8;5P-Q)?,+-<///0159O'M.;8; B?.-02'"RS<02'-&,T4565(-7'8)!565K--7'8R4'<5% I0FU50V-C(B?WX85M.;8;0959.+E-C4':?YZ $[)\<0Q-CEB&5%I-C<9'5>5'-H015]0!-?“Hiệu quả của những chính sách bình ổn tỷ giá từ năm 2008 đến tháng 5/2011” 2. Hướng nghiên cứu: ^',<;%-@55855@385M[=-7'8?///01M(?-C4',4E' -&'(-*0-8'#_ H'+(585,-+E0-0FU5-C4''`<08'8.+E5J(5855@385 09-C4':?a0Lbc 3. Phạm vi nghiên cứu: X855@385M[=-7'85J(///-*L0-8'#_ C4';()0!-?'5>?5d0Q5\;0"RS)[-=''8-C-(-48MN' "RS50(3^-C4'!,- 4. Đối tượng nghiên cứu: X85M.;8;M[=-7'85J(///-C4'-&'(-*0_#_X85 M.;8;M[=-C0FU5-Q.-H'+(585-H'-F'05J(///)? 5J(X@;J-C4'-&'('5>-C 5. Phương pháp nghiên cứu: Re:P'585;F6';8;'5>-^',<-='U;<:f:5)?+;g - Phương pháp thống kê, tổng hợp::h'0Q--\;585-H'-F<'0<585)L ME<;8;B.)!'4^B+(0).5,Q348-'4^)?0!?5@ 385-7'85J(///-*L0-8'#_ - Phương pháp diễn dịch::i(-C-H'--^',--\;0FU50Q;%-@5)? 08'8.+E5J(585;F6';8;09:?8'85'5j'4-.-C- -CF&'-H'+(585M84584 - Phương pháp qui nạp:-C563G;%-@5)?08'8-C93k-='U;B585 M.;8;M[=-7'85J(///)?X@;JSiM84.+E5J(O'5@ 385-C-C4':?)?59O',';hU; CHƯƠNG 1  DIỄN BIẾN TỶ GIÁ TỪ ĐẦU NĂM 2008 ĐẾN THÁNG 5/2011 1.1 Diễn biến tỷ giá năm 2008: /LB?L-7'859!M0K'lM0K-7'8B-;Bjm CK'<Bj0FU5-L'-Ci5-;G-7'8M[+%B'%?'a-8'b)?-8' c<O'0!5d5F(-*'59-C4'B53e C4'O'-8'0jL<--CF&'59.-FU'>0]''4-.<-7'859B5 n^'W08Z#$/Sl!:4('.;<'??'no-,p;E-H'+( 585.;K5j'%?'0p()?4"RS<-84'q,9,L/F'-* -8'#<W563^-Z,('4-.B:fC(5L'-r'-C5E--CF&'5@ ->5Bs--CF&'-i:4/!:4('.;;E()m'8-C$/S<5 ;@-?5@M0p5(4<EFG'0BU\ $m3i5(-.;5J(/'%?'/?Fm5<5D'FL'Bi5:i-CO'4^Bj0j -0FU55H',(K-5855@->5<-7'8=0:j)!5^L 1.1.1. Giai đoạn từ 01/01/2008 – 25/03/2008: 7'8-C--CF&'B'%?'B-P53P-'E<-*>5b$/_"RSn^' :j0#b$/_"RS)?>5-o;o-B?##$/_"RSC--CF&'-i :4<"RS:(40K'-*>5#tb$/S_"RSX85'%5Jg Thứ nhất: -&0Q?0('G'j--SF6'B5BFU',!^5Q)!Fm5 B?,8Bm Thứ hai: 585?0j-F:i,$/S3k-L''834)m"RS<5K'-5B.5B1 3o-Bm'O("RS)?$/S585?0j-F0p).5M8"RS5Q+( $/S Thứ bag-&0Q?:4('.;59'4-.<0V5M.-B?:4('.;no-,p ,^,=)[,H'M80FU5'4-.54/'%?'^)m,85?'58%-[ /'%?'Co-5(<595d-*u"RS<K-3^/'%?'-[-*5^ (5J(,85?')1'B( C4',4E'-&'(?<X@;J)?///0p).5,!5B;8-<3e :P'M.;8;-!-.-`-5V-<-L'B13o-56ME-*<#v_La-8'_cB <#v_La-8'_c///,H'-i5.('4-."RSN5 ).5M6-!C(BF-H'<-L'M0K-7'8"RS_$/S-*<#v_LBv_L -C4''?__ 1.1.2. Giai đoạn từ 26/03/2008 – 16/07/2008: 7'8-L')m-^50K59'V-<-4563^-"RS-C5E--CF&'B'%?'Bs --CF&'-i:4C4''(04?<-7'8-L':j0!)?0K-'K--L'-*'O( -8'b<0d0QB0$/S_"RS)?4'?_b<5856b02'34 )m>5-Cj<5w-CS5(46,4E'u#02'<3(09:B,/// mM0K-*vBx_v)?4'?_b ///01M(?K-B4-5855@385NM[=--CF&''4-.F,Q 348-5V-5850By-0='4-.a5o(M8'4-.-C--CF&'-i:4c<5o  (M8"RS-H'+('4-.,850QB85M0K<5o\;,p)?')?54 ;T;no-,p)?'lM8'4-.5(-.;--CF&'-H'+(585/Bm 1.1.3. Giai đoạn từ 17/07/2008 – 15/10/2008: z(04?-7'8'E)?:j0)?4=0<-7'8'E-* $/S_"RS  n^'  b  $/S_"RS  )?  '(4  :5  M[  =  +(  >5  bb $/S_"RS-C4''(04-*-8'0-8' 1.1.4. Giai đoạn từ 16/10/2008 – hết năm 2008: 7'8  "RS-L' -CGB< -7 '8 $/S_"RS -L'0K-'K- -CGB -* >5bb $/S_"RSB>55(4o-B?b$/S_"RS3(09'E{z(4:5N -C4'M0K-7'85'5<5j'4-.)sBmR(,///-L' M0K -7 '8 -* vBv-C4''?__<-7'8B-L'-m>5 $/S_"RS 1.2 Diễn biến tỷ giá năm 2009: /LB?L->(B-;--CF&''4^MK5BKO',9,LC|T-)? O')o0!K-5F(-Q'E+-X9-Qn}5L'-r''4-.B?K--C4' O'0Q=M\-o-5J(,-$.-/(L<o-B?,nT-0O'E FG'5J(90^)m4-0K':4('.;)?-%By'F&:% XL'-r'-C--CF&'M`-0jno-.-*+y~~<,!:4('.;'L'O '4-.<,H'5M8B54'%?':s0o-5%0^5't5j<-[-C' ?,T4:?5405^L•509<-@:P''4-.'ECo--C4'e( 0jLa5J:4:4('.;')()[B4CJC4-7'8<0-8'#'E-m <##v34)m5^LcB-4C(.-FU'0^'FU5B?>0]')^'4-.- 585'%?'*0%<L59-[^'@--oB?-C4'-8'bL'%?' BmWM`--(Z'EB13o-0K'"RS<8;-^0(<#v_L)?8;B13o-)(5(4 o-5dv_L0Q,@55j [-C':4('.;'L'O'4-.,T4:?<).5('4-.,9,LJ -Fm'X@;J;E59y,5j585-\;04?<-='5H'-?Fm559'2 -'4-.BmM8B54'%?'0Q'9;;j'E-I('25'Xh')m O'0!5d'?b__9-C<5d045J(J-Fm'01'9;;j-4= 0654--CF&''4^)?-7'8-C4'-8'? K-:fM=M\-,85B?-C4';jBm-&'(5J(L<585'%?'-F6' :-C[-C'-8-'8('4-.'(')m'8M8z8"RS5J('% ?'5D'5@->5)FU-^5$/Sl-C--CF&'-i:459-&0QB'j ^5$/S_"RSl-7'8M[+%B'%?'5EL:i,-L'#<v$? 08'5yB?:i-CO'4-.-*<-7"RSa-8'b_c01'E5w,4E' b<#-7"RS.( /L59-Q54B?LW-!-.Z-$.-/(7'8"RS_$/S-L'<\; 35(4<B;8-0>'-CFm58;Bi5-L'-CGB)?4L<,(5P5MK"RS< '8)?'3^-9'<B13o-'%?'B,5-Cj 7'85@->5'O("RS)?$/S-C4'L01-CE+((Bj0!5d<K-  Bj)?4-8'axvc:4-L'M0K'(4:5-*vB#v)?Bj-;-}4B?)?4 -8'ax<vcV5:h3(Bj0!5d<-7'85@->50!B,5-Cj F'-7'8-C--CF&',H'5@->5a-7'8--CF&'-i:4c)sBHN '4?M0K54;T;5J(/'%?'/?Fm5 Diễn biến tỷ giá VND/USD 2008 – 2009 1.3 Diễn biến tỷ giá năm 2010: -CF&''4-.B-;-P5Mo-=,?-7'8--CF&'-i:4-;-P5:s:`-- -CF&'<5(40Q;8-3-*_u__<59-&0Q'8-i:45(46'8-Cj ///-m$/S_"RS/'%5JB?:43i5B.5'8)?'-C4' Fm5)?-'m,,@5\;)?'0p'E"RS-i:4B5(4<0!?,T4-}4 '8'(4:55J(/'%?'-L'-}4 V5:h///0159O''E;8;-@55i50jLF,-^585-\;04?? Fm5<'E-7B.:i-COM`-MK5MN''4-.0^)m585-=5>5-@:P'$.5 'E-7B.:i-COM`-MK5MN''4-.-*vn^'v0^)m,:Fm-8'< -*vn^'v0^)m,-C-8'01B?-L''2)^,4E'#-C. "RSa-702'c54585'%?'-F6'0Q54)(-C--CF&'<+ 0>5B13o--!'e-^0(MN'"RS5J(-=5>5,---=5>5-@:P'B? v_L<05^L-7'8)s5F()!-C4'M0K?Fm554;T; a'8'(4:5--CF&',4E'$/S_"RS<-C4',09-Cj5J(///B? #$/S_"RSc X9-Q\-oCN'-C4'L$.-/(-;-P5\;3)?5855@385 5J(///)s5F(0J<5F('E+-0FU5585)o0!5^-B|B?'E\; 3)?5J'5^!-5402'$/S 1.4 Diễn biến tỷ giá trong năm tháng đầu năm 2011: /O'-8'0jL-7'8'(4:5-;-P55(46'8///5H'M^54-m'? __ ///+-00!5d-7'8M[+%B'%?'-* $/S_"RSBb$/S_"RS<02'-&-{;M0K-7'8-*vn^' v $m+-0?585/0FU5;T;--7'8(<M8)m,85?' ,H'+8$/S_"RS0U-0!5d?5F(,'8)?4-C4' # M0K'(?;E-m-C'-j-8'-7'8'(4:5m)!-CjM0K5J( ///<3(09'(4:5'E:j)?=054-m5^-8'ba.-=0G >5bu$/S_"RSc KẾT LUẬN CHƯƠNG 1: *L0--8'#_<-7'8"RS_$/S0159O':fM-3>5 ;>5-; /L0FU5'm;%-@5-?5@54B?€LMo-=5J(-7'8€)m#Bj-( 0=M0K-7'8 /LV5:h///010!5d%'-7'8B'%?')?M0K-*xv Bx#v)?4-8'_<-C--CF&'-i:4'8'4-.(59'8;38->5 $/S_"RS)?0-8'01B-C$/S_"RS7'85@->5'O( "RS)?$/S-C4'L01-CE+((Bj0!5d<K-Bj)?4-8'axvc :4-L'M0K'(4:5-*vB#v)?Bj->(B?)?4-8'ax<vcV5:h 3(Bj0!5d<-7'85@->50!B,5-CjF'-7'8-C--CF&' ,H'5@->5a-7'8--CF&'-i:4c)sBHN'4?M0K54;T;5J( /'%?'/?Fm5 /L<-7'8-;-P5-C[:fO'W0.EZ,,H'5d585?+EBy ?5E'%?'<:4('.;)?'F&-:h'!;}59'V- /O'-8'0jL-7'8'(4:5-;-P55(46'8///5H'M^54-m '?_///+-00!5d-7'8M[+%B'%?'-* $/S_"RSBb$/S_"RS<02'-&-{;M0K-7'8-*vn^' v $m+-0?585/0FU5;T;--7'8(<M8)m,85?' ,H'+8$/S_"RS $o0!-7'8B?)o0!-C'-%)?5Eo-5J(5@385-!-.<9E FG'-Ci5-;0-o-5E585,)i5,-5D'F0&3^'%:% -7'8-L'<4( • -0H • '-( ‚ 5ƒ „ )% • ( ‚ H • -5( „ 5- • -CF6 ‚ '6<-( • 4,( … L''( …  + „ -5'5% ‚ "RS<'4 „ ;;% ‚ 5H „ '% • ;3<( • 5 „ ) • 5'L'F † 0% ‚ 56"RS <5 † '54 „ L • --( „ 50H • '-5F • 5( … F6 … 'C4 † % „ -B( ‚ ) • 5-L'5;ƒ „ 0H „ )6 „ 5( „ 5 :4(' • ;;( … 3F … : • ' ‚ '4( • - • % • ;)% • --F<B • <- „ -M • <,ƒ „ 5-ƒ „ 5B( •  ;( „ -<0% … '( „ B B( • ;( „ --L'B3} † ( … F6 … '0 „ B( † 3% „ -<B( † 3% „ -B( ‚ '( „ 5 … ( 0H ‚ '- ‚  -7'8"RS'E<-@o;:s5J($/S-L'B<5-[-C'0HB(9(-C4' '(4:5<,:4(<).5-7'8"RS'E5D'59K-3^-850K',H' 4'^B!,-9B?nFm':4('.;)("RS'?5?''(-L' /'%MG'8"RS)?B13o-0K'"RSn^'-o;)?0FU5:i048B?59 3i=0,8:?<,B13o-54)("RS5D''E08',Q<-C4',B13o- )($/S)s+85(4<,:4('.;5QFm'3(')("RS CHƯƠNG 2 HIỆU QUẢ CỦA NHỮNG CHÍNH SÁCH BÌNH ỔN TỶ GIÁ TỪ b NĂM 2008 ĐẾN THÁNG 5 NĂM 2011 2.1 Các biện pháp bình ổn tỷ giá từ năm 2008 đến tháng 5/2011 và hiệu quả: C4'L<,--'m59!:fM;>5-;L'-CFG',--4? 5j3P-'E08',Q:4-850K'B(-C!5J(,J'4E'54)(Mo-0K'3E :Fm5p5J(‡X85!,-;8--CQ0!C6)?43-48X@;J585 Fm5;E-i5-585'E;8;5>-CU,--C'8?''[-70HB(‡)?B -;5`-'EB13o-5J04<M6-(,4E)?4.-^''%?' SfM;>5-;5J(,--'m,54,-$.-/('V;!-85 ->5C4'O'-8'0jL<-7B.B;8-'(-L'(-C4',- -CF&'Mo-0K'3E)?--CF&'5>',48M`-0j3X@;J01,;-& -CQ,(9'E;8;BmN,!5B;8-<-L'-CFG'M!)O')?0E ME4(3n1KC4'b-8'0jL<:4M0K''8-C--CF&'-'m< \;35J($.-/(01-L'@-m5^-8'b<\;301B-m< -7"RS<0}:](3iM!)O'5J(585%-(-48)?'%8;Bi5B-7'8"RS_$/S m5^+y~~~_<5859'E;8;5J(X@;J01('BO',-+E MFm50j)m).5\;3'E<B;8-0FU5,!5<3i3-48 ,--4?5j01M`-0j59-850K'-5i5-mno-,p)?-^50K-L'-CFG'5J( ,-$.-/()?X@;J010!C(#9'E;8;m0Q5J0K''L5V 0?3'E-^50K-L'-CFG',- C4'M^5E,-K\;'?5?'3%CK')?4,--'m<>50K-i:4 9(585'(4:5)^-F6'0^5(4<M0K'5J(585B2')^0j-F<0V5M.-B? B2')^'8-;01EFG'-m5'5j'4-.)?-7'8C4'L <B2')^0j-F'8-;01B-P5M0K'<,545'5j'4-.o- 5%0^2')^?'(-L'08',Q-C4'M(-8'0jL<'%8;Bi5-L''8 $/S<3(0959:o.0E45!B?-L'5j'4-.,-[[,--'m -;-P5,9,L<,--C4'Fm50^V-)mB;8-<\;3-L'5(4R(, 59:o.-L'{-CGB:4,-)ˆH$.-/(:fM,E+(<-C4'585 -8'5^L<-[-C',J'4E'--CF&'-?5@+^5-B,54585 ?0j-F59nFm'C-)^)!Fm50QME40E-(,4E5J(585-=5>5G 5@+^5 /O'M0K',9BF&'5J(,-)?--CF&'-?5@-'m5D'F-C4' Fm501EFG'-5i5-m5%MN'5'5j'4-.-C4'Fm5<)m 3i5d0438-3(45J(J-Fm'X@;J)?3i;^U;5V-5k5J(585•K<'?< /'%?'/?Fm5a///c010!?-7'8B4-<-i5.0FU5585P5 -5J(5@385-7'8<0EME4-(,4E'4-.5J(.-^''%?'<'9; ;j-50pno-,p<5\;3<,!5B;8-)?=0,-)ˆ H<5P-QB?g u///015(-.;--CF&''4^)m>5-7'8()?4)?M8C(0FU50! 5dB4-C4'-&0Q--CF&':F5j<///01,;-&M8'4-.5( -.;<.---CF&'C4'-&0Q--CF&':F5'<///('4-.)?4 G>5U;By<ME40E-7'8,H''E3%<N-i5.P5-,!5\; 3  uC4'4-0K'5(-.;<///01,-U;0(:'<B4-585[->55( -.;•55(-.;-Ci5-;<Bj0j-///8;:P'[->55(-.;'8 -;0Q=0-%By--CF&'$m3i;^U;-^-'O(///)m585/<[ ->55(-.;?01(59';8-.+E<0F(--CF&'M[=-CGB u///01;^U;)m585;F6'-.-H'-05'B?-^-5H'-85- -C!<5J'5^Bw'--C4'%:%)?:4('.; u$.50!?5@385-!-.)?5@385-7'8010FU5;^U;02'MK1 3o-$/S-L'-C4',B13o-"RS'E01-43io;:s54-!02'<'9;;j =0-7'8 C4'M^5E5'5j'4-.)?-7'8-C--CF&'M0K';>5-;<59O' -&0QM0K'0K-M<///01,;-&M838-:fM--CF&'<-F&' n'838-<5\;\--H'-)?08'8585:w')^)?4)?C(0Q595@385 0!?-7'8-@5U; V5M.-<-&0Q'O(-8'b_<--CF&'59!M0K'0K-M</// 015J0K'-i5.585'E;8;,;-&<02'MK<-i5.-*'MFm5585'E ;8;5@385<-\;-C')?4'(045^-8'b_XP-Qg u!5d-7'8M[+%B'%?'-L'v0Q;E838-65'5j- -CF&'l uGCK'M0K-7'8'(4:5"RS_$/S-*>5‰vB>5‰v34)m-7'8 M[+%B'%?':4///5H'M^l uL'B13o-56ME-\;-C''2-!02')?4.-^''%?'<,! 5B;8-)?'E8;Bi5B-7'8l uXH'M^>5:i-CO'4^/?Fm5<5J'5^Bw'---CF&'l uŠ5j585-=5>5-@:P'0FU5;T;,:4('4^'-55o;? +0)!M0K-7'8'O($/S)?"RS<-i5.-)?'(4:5-}4 0'+0l uL'5F&'M8'4-.54585/0Q08;>'5j'4-.5J(!,-< 08;>'-^0(5855j--F\;,pnL':j<-^55O(M.<-^5 ME4).-i5)\-<;%M9<--M-<02'-&-CU'4-.54585'%?'59 ;P5)P5j-CEU)(4V5-(-48_X0<5855j'4-.U;;8; 5J(58%)?-CU-C'-854585/l uŠ5j585-=5>5-@:P',Q348-5V-5k)?5o5d4-0K'5J(5850 By<M?0='4-.ME40E-i5.'-5585+0.?)!+EBy '4^ *'?__<M0K-d'8'(4:5"RS_$/S0FU5GCK'-*>5vB v34)m-d'8M[+%B'%?':4///5H'M^a-03^b#_u ///'?b__c $m585M.;8;02'MK5J(///<--CF&''4^01=0-CGB X9-Q9-C4'M^5E,9,L5'5J(,--4?5j<!,-$.-/(  0>'-CFm5O',9,L?!-=5>5+^5-)??0j-FFm5'4?54 CN'$.-/(010>'MM&)i55J(,J'4E'585%-(-48+^5-<).5 $.-/(M[=0FU5--CF&''4-.<-7'8)s'O-F6'0^=001\ 0FU53i08'85(45J(585-=5>5-?5@+^5-<5J'5^Bw'-5J(585?0j -FFm5'4?)?:4('.;-C4'Fm5)?4,EL'0!?,-)ˆH5J( X@;J Qua thực tiễn điều hành chính sách tỷ giá trong năm 2008, có thể rút ra một số bài học trong công tác điều hành tỷ giá như sau: uC4'M^5E$.-/('?5?'-('(3%CK')?4K\;,-+^5-)? >50K-i:448585'(4:5)^-F6'0^5(4<M0K'5J(:w')^0j-F<0V5 M.-B?585:w')^0j-F'8-;EFG'-m5'5j'4-.)?:fM -7'8S409<).5'838-)?--m,Q348-595]B]5585B2')^?B?K- 5j-3>55o;--0Q0EME4=0,-)ˆH u/\;3,H'0FU5+EBy5V-5k)?:-C[G>55(4B?EFG'-m58 5%-(-48+^5-)?'%,9,L545H'-850!?-7'8 u;8--L'5(4EFG'0,EL'5-C(5J(?'9($.-/(<-C4' ,09<5855H'5P,!5B;8-B,54).5:-C[-7'80Q-CU3>5 5-C(0^V-)mO''mo-0$[)\<-C4'M^5EB;8--L' 5(4<3i;^U;5V-5k'O(5@385-!-.)?5@385-7'8B?-3>55j -- u$.5,-C[P5-0!?-7'8B4--C4''`<-F6'0^=0 -C4':?B?Co-+(-C]'-C4').5,!5B;8-)?,H;P5=0, -)ˆH uRi;^U;5V-5k)?02'MK'O(585•K<'?09')(-CwCo-+(-C]')? +-03i-?5H'5J(5H'-850!?-7'8C4'L<///01 ;^U;5V-5k)?-F&'n)m•KXH'-F6'-C4').5,Q348-\;3 )?)m•K?5@-C4').50K'585'2'4-.0Q-L':i-CO+^5'( 5D'F,EL'5(-.;--CF&' u$m-@5E5J(-7'8)?-C4'M^5E!,-'?5?'K\;,- +^5-<585B2'55Q)^'(-L'<5H'-850!?-7'8;E'`)m).5 M838-]:fM5J(--CF&'0Q59M.;8;,;-&<;hU;)m:fM- -CF&' uRi;^U;5V-5k)m585/09''9;08',Q)?4.+E5H'-850! ?-7'8:4585/59EFG'Bm-C--CF&'B?,-C!-E(< .+Ey025(-.;5J(///0--CF&' uXH'-85--C!09')(-Cw+(-C]'-C4').55J'5^Bw'-5J('F& :%<:4('.;<-L'5F&'.+E0!?5@385 i5./'+-3^__/uX'?__5J(X@;J)!O' 'E;8;5o;M85N'L5V3'E,-<:-C[-L'-CFG',-<ME4 0E(3n1KW0Q5J0K''L5V3'E,-<-50p3Eno-<,  :4(<0pno-,p<,@55j0j-F)?-:h'<ME40E(3n1K<-C 563G:iM84-[[,--'m)?-C4'Fm5L<///010!5d-7 '8M[+%-C--CF&''4-.B'%?'8;:P'54'?#__B >5b0_"RSV-MN'-7'8m01'9;;j-CUno-,p<,Q348-\; 3)?0EME43iM!)O'5J(585%-(-48+^5-<02'-&5-%By ,)]'-7'83k-L'5(4<-40!,.54:4('.;5J0K'n%:i';F6' 83Eno-,:4(=0///3k8;:P'585M.;8;5j--0Q'O= 0>5-7'8? /O'-^-850K'0:fM-7'8-L'-C4'LM(4'25E-^ -C4')?'4?Fm5 Yếu tố nước ngoài F-L'-CFG',-<'85E?'9(<XRu-?5@585 Fm5A59-850K'0-7'8^048$.-/(5J+(585,3(g Một là<EFG'05'5j'4-.5J(!,-<5P-QB?585%-(-48 $.-/(<-H'+(-850K'04-0K'no-\;,p?'9(<,!^)?585 B2')^)?4C(5J(!,-i5-59-Q5>'CN'<5d-C4'O''? 5^-8'_<-7'8$/S_"RS'(4:5-C--CF&'-i:4-L',4E'<v :4:iM84,EL'585%-='-Q$.-/(3k-%P-!?59-Q-4 -%By'%8;Bi5B-7'8<-}43^B.015H'M^<5j'4-.. ()s0FU50EME4:4///5h';^U;)m585MK<'?=Bi50?;8)m 585-=5>5-?5@^5-F/'%?'8--CQ5%‹aS•c)?/'%?' -'maŒ•c -+EB?$.-/()*()(0FU5#-C."RS-*‡-CU5^' ,J'4E'5J(S•0Q-CU,`5;P5,J'4E' Hai là<3iM0K'5J(02'"RS-C--CF&'-'m5D'B?K--C4'O'5L 5>0Q///+-00!5d-7'8 V-,85<'85E?'9(-'m-850K'0:fM-7'8-C4'Fm5F:j -H<'4<3`--T;<,B4+y<;%M9A-F&''`B!)m:fMB;8-S4 '85E585?'9(0959EFG'-Ci5-;0'8-Cno-\;,p5J($.-/(< 0!?59-QEFG'0585%-(-48-='-Q)?'%3>5T;B-7'8 /'4?C(<XRu-?5@-'m5D'B?K--C4'O''%5J-85 0K'B-7'8^048$.-/(F0K'-8-L'4V5'EB13o-5d045J( /Œ585Fm5<o-B?‡a•ŽSc<C'^5</Œ5%•aŽX•c, /Œ585Fm5+-0-L'4V5'EB13o-5d040!;E8BnFm' M0K''8-C5J(02'-!Fm509<)?:4)\<,/Œ+-0-L'B13o- 5>'-I02'-!Fm509B4V5'FU5B<,'EB13o-<02'K-.M 'E'8 Về yếu tố trong nước: X85-^-C4'Fm5-850K'0:fM-7'85J:4 -^5'5j'4-.5J(!,--C4'Fm5<3i5B.5BU->5'O(02'K -.)?"RS<5650!?-7'85J(///<-^-%ByB?-L'5j( "RS0Q-@5BD-48;Bi5-L'-7'8)?585,0j-F,85F5>',48<)?'< Mo-0K'3EA }43^B.-^',<585%-F6'-8'_-;-P5-%P-G>5<-7  . 2 HIỆU QUẢ CỦA NHỮNG CHÍNH SÁCH BÌNH ỔN TỶ GIÁ TỪ b NĂM 2008 ĐẾN THÁNG 5 NĂM 2011 2.1 Các biện pháp bình ổn tỷ giá từ năm 2008 đến tháng 5/2011 và hiệu. $[)<0Q-CEB&5%I-C<9'5>5'-H015]0!-? Hiệu quả của những chính sách bình ổn tỷ giá từ năm 2008 đến tháng 5/2011” 2. Hướng nghiên cứu: ^',<;%-@55855@385M[=-7'8?///01M(?-C4',4E'

Ngày đăng: 22/12/2013, 16:19

Từ khóa liên quan

Tài liệu cùng người dùng

Tài liệu liên quan