上海商业储蓄银行经营政府债务风险管理研究(1915-1937)  

Study on the Risk Management of Government Debt by Shanghai Commercial and Savings Bank:1915-1937

作　　者：徐昂 XU Ang(The Institute of Economics, Shanghai Academy of Social Sciences 20002)

机构地区：[1]上海社会科学院经济研究所,200020

出　　处：《上海经济研究》2017年第10期68-80,共13页Shanghai Journal of Economics

基　　金：上海市哲学社会科学规划青年课题(2017ELS004);上海社会科学院2017年度院自报课题;上海社会科学院经济研究所科研资助

摘　　要：中国民营银行难以避免各类政府债务,银行对政府债务的风险管理尤为重要。作为近代中国民营银行的代表,上海商业储蓄银行在复杂多变的政治经济环境下,因时制宜,敏锐地调整政府债务的风险管理与经营方式。银行始终定位于民营商业银行,制定债务风险债券化、商业化的原则,有限承借政府公债,控制债券押款,将政府债务的负面风险降到最低的同时,还支持了政府主导的部分经济建设。It is difficult for Chinese private banks to avoid various kinds of government debt.The risk management of government debt,therefore,is of particular importance.As the representative of modern Chinese private bank,Shanghai Commercial and Savings Bank was keen to adjust the risk management of government debt and operation mode in response to the complex and volatile political and economic environment. The Bank positioned itself as a private commercial bank,set up the principle of securitizing and commercializing debt risk,limited the purchase of government bonds and controlled bond mortgage,thus minimizing the negative risk of government bonds and supporting the economic development led by the government.

关 键 词：上海商业储蓄银行 政府债务 风险管理 债券化 陈光甫 

分 类 号：F129[经济管理—世界经济]