{"id":595294,"date":"2025-09-26T12:17:24","date_gmt":"2025-09-26T19:17:24","guid":{"rendered":"https:\/\/nai500.com\/?p=595294"},"modified":"2025-09-26T12:17:24","modified_gmt":"2025-09-26T19:17:24","slug":"imf-4","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/09\/imf-4\/","title":{"rendered":"\u4e9e\u6d32\u6de1\u7136\u4ee5\u5c0d\uff0cIMF \u6307\u51fa\u8056\u99ac\u5229\u8afe\u518d\u878d\u8cc7\u98a8\u96aa"},"content":{"rendered":"

Asia \u7684\u65e9\u76e4\u53d7\u6b50\u76df\u2014\u4e2d\u570b\u8cbf\u6613\u566a\u97f3\u5f71\u97ff\uff0c\u4f46\u5c0d\u4fe1\u7528\u66f4\u5177\u610f\u7fa9\u7684\u8a0a\u865f\u4f86\u81ea\u4e00\u500b\u5fae\u578b\u570b\u5bb6\u3002IMF \u5c0d San Marino \u7684 Article IV \u8072\u660e\u50cf\u662f\u91dd\u5c0d\u9762\u81e8\u518d\u878d\u8cc7\u7246\u7684\u5c0f\u578b\u6b50\u5143\u5316\u767c\u884c\u4eba\u7684\u7bc4\u672c\u3002\u5c0d\u5168\u7403\u6295\u8cc7\u4eba\u800c\u8a00\uff0c\u9019\u63d0\u9192\u4e86 2025 \u5e74\u95dc\u9375\u5728\u65bc\u7de9\u885d\u3001\u511f\u50b5\u53ef\u8996\u6027\u8207\u57f7\u884c\u98a8\u96aa\u2014\u2014\u90a3\u4e9b\u5e73\u6642\u4e0d\u898b\u8af8\u5831\u7aef\u7684\u5730\u65b9\uff0c\u76f4\u5230\u554f\u984c\u7206\u767c\u624d\u6210\u70ba\u7126\u9ede\u3002<\/p>\n

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IMF \u7b2c\u56db\u689d\u6b3e\uff1a\u7de9\u885d\u3001\u589e\u503c\u7a05\u8207\u518d\u878d\u8cc7\u6642\u9418<\/h3>\n

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\u9280\u884c\u696d\u4ecd\u662f\u9ad4\u7cfb\u7684\u5c3e\u90e8\u98a8\u96aa\u3002IMF \u63d0\u5230\u9700\u6301\u7e8c\u5de5\u4f5c\u4ee5\u63d0\u5347\u8cc7\u7522\u54c1\u8cea\u3001\u8cc7\u672c\u8207\u5831\u916c\u3002\u90a3\u662f\u5916\u4ea4\u5f0f\u8a9e\u8a00\uff0c\u610f\u6307\u8981\u5728\u4e0d\u72a7\u7272\u4fe1\u8cb8\u4e2d\u4ecb\u529f\u80fd\u7684\u60c5\u6cc1\u4e0b\u5b8c\u6210\u6e05\u7406\u3002\u5c0d\u65bc\u6c92\u6709\u570b\u5167\u6700\u5f8c\u8cb8\u6b3e\u4eba\uff08lender of last resort\uff09\u7684\u6b50\u5143\u5316\u9ad4\u7cfb\u800c\u8a00\uff0c\u4fe1\u5fc3\u5373\u662f\u7d42\u6975\u8cc7\u672c\u3002San Marino \u9280\u884c\u696d\u8207\u7fa9\u5927\u5229\u7684\u9023\u7d50\uff0c\u610f\u5473\u4efb\u4f55\u9707\u76ea\u90fd\u6703\u88ab\u89e3\u8b80\u70ba\u7fa9\u5927\u5229\u5468\u908a\u60c5\u52e2\u7684\u5ef6\u4f38\u3002\u6295\u8cc7\u4eba\u61c9\u8ffd\u8e64 NPL\uff08\u4e0d\u826f\u8cb8\u6b3e\uff09\u8655\u7406\u9032\u5ea6\u8207\u8cc7\u672c\u7de9\u885d\uff0c\u800c\u975e\u50c5\u770b\u8868\u9762\u7372\u5229\u3002\u57fa\u91d1\u5c31\u570b\u6709\u4f01\u696d\u80a1\u5229\u8207\u8f49\u79fb\u7684\u63d0\u793a\u6697\u793a\u8a72\u570b\u4ecd\u4ef0\u8cf4\u4e00\u6b21\u6027\u6536\u5165\u4f86\u5e73\u6ed1\u8def\u5f91\u3002\u900f\u904e\u653e\u6b3e\u8207\u624b\u7e8c\u8cbb\u53d6\u5f97\u6301\u7e8c\u7372\u5229\uff0c\u4e26\u52a0\u5f37\u5099\u62b5\uff0c\u624d\u662f\u8f03\u5065\u5eb7\u7684\u65b9\u5f0f\u3002\u4e9e\u6d32\u7684\u5c0d\u7167\u5f88\u719f\u6089\uff1a\u900f\u904e\u51fa\u552e\u6301\u80a1\u6216\u8cc7\u7522\u53d6\u5f97\u9ad8\u56de\u5831\u7684\u9280\u884c\uff0c\u6700\u7d42\u4ecd\u9700\u5728\u666f\u6c23\u5faa\u74b0\u4e2d\u771f\u6b63\u8cfa\u56de\u4f86\u3002\u5982\u679c\u767c\u884c\u5728\u7e8c\u52df\u671f\u9593\u6062\u5fa9\uff0c\u5e02\u5834\u6703\u734e\u52f5\u5177\u5be6\u8cea\u8cc7\u672c\u8207\u4e7e\u6de8\u4fe1\u8cb8\u5e33\u7c3f\u7684\u9280\u884c\u3002<\/p>\n

\u5982\u4f55\u89e3\u8b80\u4e26\u4ea4\u6613\u4e9e\u6d32\u5e02\u5834<\/h3>\n

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