后危机时代金融体系的完善与创新——银行主导型和市场主导型金融体系的比较研究  

Improvement and Innovation of Financial System in the Post-Crisis Era: A Comparison Analysis of Bank-Based vs.Market-Based

作　　者：王晓青[1] 李涛[1] 

机构地区：[1]南京审计学院经济学院,江苏南京211815

出　　处：《审计与经济研究》2011年第4期94-101,共8页Journal of Audit & Economics

基　　金：教育部人文社科基金项目(10YJC790146);江苏省教育厅高校哲学社会科学指导项目(2010SJD790013);南京审计学院校级科研项目(NSK2009/B21)

摘　　要：在研究国内外金融结构发展理论的基础上,结合金融体系和实体经济两方面特性,对银行主导型和市场主导型两种金融体系进行比较分析。结果表明,分业经营的银行主导型金融体系对我国现阶段国民经济发展水平及产业结构更具有防范系统风险的作用,而市场主导型金融体系在监管缺失下更容易发生危机。因此,展开金融业竞争、加强法制、在合理监管体制下促进金融创新和提高金融体系运作效率是满足实体经济对金融结构的内在要求。Based on development theory about financial structure,this paper inspects the performance of the two financial systems in the crisis,combined the characteristics of the financial system with that of the real economy.Both the present development level of China＇s national economy and its optimal industrial structure constitute the main determinant of bank-based financial structure with separate operation which is very important to be on guard against systemic risks.The study reveals that bank-based financial system of separate operation has more protection against the systemic risks for China market-based financial system is more vulnerable to risks without corresponding supervision.It is an inherent requirement for the financial structure to a real economy to strengthen the financial competition and rule of law,at the same time,to promote financial innovation and improve the operational efficiency of financial system under the proper supervision system.

关 键 词：银行主导型金融体系 市场主导型金融体系 金融结构 金融监管 后危机时代 金融创新 

分 类 号：F830.99[经济管理—金融学]