数字普惠金融引致系统性金融风险的可能性与现实性--基于经典理论的解释  

The Possibility and Reality of Systemic Financial Risks Caused by Digital Inclusive Finance--An Explanation Based on Classical Theory

作　　者：谢俊明 罗娟 XIE Junming;LUO Juan(School of Economics and Management,Xiangnan University,423000,Chenzhou,Hunan,China)

机构地区：[1]湘南学院经济与管理学院,湖南郴州423000

出　　处：《特区经济》2024年第11期79-82,共4页Special Zone Economy

基　　金：国家社科基金一般项目“数字普惠金融引致系统性金融风险的演化机制与防范研究”(22BJL041)。

摘　　要：依托数字技术而生的数字普惠金融增加了金融系统的脆弱性和受外部冲击的可能性,为系统性金融风险的形成提供了可乘之机。马克思经典理论对系统性风险的生成可能性和现实性早有论述,数字普惠金融引致的系统性金融风险之所以可能发生,与经济运行速度、支付虚拟化、资本的逐利性和资本的构造性所带来的潜在矛盾有关。这些潜在的矛盾经过金融机构同质化竞争、金融顺周期、资本流动和信用扩张不断深化转化为现实的系统性金融风险。经典理论关于系统性金融风险的论述对当前风险治理仍具有现实意义。Digital inclusive finance,which relies on digital technology,increases the vulnerability of the financial system and the possibility of external shocks,providing opportunities for the formation of systemic financial risks.Marx’s classical theory has long discussed the possibility and reality of the generation of systemic risks.The reason why digital inclusive finance may lead to systemic financial risks is related to the potential obstacles brought about by economic operation speed,payment virtualization,profit seeking nature of capital,and structural nature of capital.These potential contradictions have been transformed into practical systemic financial risks through homogenized competition among financial institutions,financial procyclicality,capital flow,and credit expansion.The classic theory of systemic financial risk still has practical significance for current risk governance.

关 键 词：数字普惠金融 金融周期 信用扩张 系统性金融风险 

分 类 号：G64[文化科学—高等教育学]