我国经济金融化的形成逻辑、风险问题与治理路径  

The Formation Logic,Risk Problems and Governance Path of China's Economic Financialization

作　　者：陆岷峰 杨亮[2,3] LU Min-feng;YANG Liang

机构地区：[1]南京财经大学江苏创新发展研究院 [2]中信银行南京分行 [3]江苏紫金产业金融发展研究院

出　　处：《华侨大学学报（哲学社会科学版）》2019年第2期59-67,共9页Journal of Huaqiao University(Philosophy & Social Sciences)

摘　　要：伴随着我国经济的快速发展,金融部门在产业结构中经济地位日益关键,而"互联网+"则进一步推动了国内经济金融化趋势的加速形成。当前,尽管我国实体经济很多领域仍存有金融支持欠缺的问题,但从总体而言已呈现出过度金融化倾向:一方面,金融行业规模大幅扩张,同时又呈现资金空转、"脱实向虚"的倾向;另一方面,当前金融投资活动过度活跃,表现为互联网金融、类金融等金融模式快速创新,全民泛金融倾向严重。因此,亟需梳理当前我国经济的过度金融化现状与形成逻辑,并结合其造成的潜在风险问题,从而提出针对性的经济金融化治理路径。With the rapid development of China's economy, the financial sector is playing an increasingly critical role in the industrial structure. And the “Internet plus” has further accelerated formation of domestic economic financialization trend. At present, although there is still a lack of financial support in many areas of real economy in China, it has shown a tendency of over-financialization in general : On the one hand, the scale of the financial industry has been greatly expanded. At the same time,it also shows the tendency of idling capital and “turning from solid to virtual”. On the other hand, the current financial investment activities are excessively active, which is reflected in the rapid innovation of Internet finance ,quasi - finance and other financial models, and the serious tendency of pan - finance for the whole people. There is a serious tendency for the whole population to spread financial services. Therefore, it is urgent to sort out the current situation and formation logic of excessive financialization of China, s economy, and combine the potential risk problems caused by it, so as to propose targeted governance paths of economic financialization.

关 键 词：经济金融化 商业银行 金融监管 债务杠杆 

分 类 号：F830.3[经济管理—金融学]