全球竞争环境下的金融体制比较——对比分析德国、日本和美国的风险分担体系  

Financial Systems in Worldwide Competition: Risk Sharing in Germany, Japan and USA

作　　者：汉斯·赫尔曼·弗兰克 孙彦红(译) 

机构地区：[1]德国弗莱堡大学货币金融学教授 [2]不详

出　　处：《欧洲研究》2005年第5期46-56,共11页Chinese Journal of European Studies

摘　　要：全球化进程的一个重要方面是各国金融体系的变化,特别是传统的银行导向型金融体系(如德国和日本)与市场导向型的金融体系(如美国)之间展开了激烈的竞争。本文主要对德国、日本和美国的金融体系进行了比较研究,重点分析上述三国的风险分担体系。后面列出的统计数据分析对比了三国金融市场,以指出它们在效率和风险方面的异同。在此基础上,本文尝试为中国构建新的金融体系提出几点建议。One important aspect of the process of globalization is the change of national financial systems. Especially traditional bank-oriented systems, like those in Germany and Japan, are in strong competition with market-oriented systems, like the system in the USA. This paper compares the existing financial systems in Germany, Japan and the USA. It concentrates on the different sharing systems. Additionally, it presents some empirical investigations for two concrete problems including risk and efficiency of different financial markets. The results are used to make some proposals for the construction of the new architecture of the financial system in China.

关 键 词：全球化 金融体制 比较经济学 德国 日本 美国 风险分担体系 统计数据 

分 类 号：F831.1[经济管理—金融学]