美日贸易不平衡首先影响到世界贸易的健康发展,其直接表现是战后形成的走向自由化的贸易制度受到威胁贸易保护主义日趋严重,而受害最严重的自然是发展中国家的出口贸易。美国不断增加的贸易逆差,导致国际收支失衡,从世界最大债权国成为债务国;为纠正贸易不平衡,西方主要货币汇率波动频繁,引起了国际金融不稳定。但是,美日贸易不平衡所造成的后果,对世界经济具有更为深刻的影响。 首先,它直接影响了世界储蓄的流向,使世界储蓄从主要流向发展中国家变为主要流向美国。这加重了债务问题,不仅危及到西方债权银行的稳定,也加剧了发展中国家的经济困难。更有甚者, The trade imbalance between the United States and Japan first and foremost affects the healthy development of world trade. The direct manifestation is that the post-war liberalization-oriented trading system has become increasingly threatened by trade protectionism. The most serious victimization is, of course, the export trade of developing countries. The ever-increasing trade deficit in the United States has led to an imbalance in the international balance of payments and has become the debtor country from the world’s largest creditor country. In order to correct the trade imbalance, the exchange rate fluctuations in the major Western currencies have caused the instability in international finance. However, the consequences of the trade imbalance between the United States and Japan have a more profound impact on the world economy. First, it has a direct impact on the flow of world savings and the world’s deposits have shifted from major flows to developing countries to major flows to the United States. This aggravated the debt problem, not only endangering the stability of western credit banks, but also aggravating the economic difficulties of developing countries. more than this,