主管：教育部
主办：中国人民大学
ISSN 0257-2826  CN 11-1454/G4
教学与研究

《教学与研究》 ›› 2003, Vol. ›› Issue (8): 32-38.DOI:

• 当代中国社会发展研究 • 上一篇    下一篇

金融抑制下中国金融发展的规模和效率分析

程华1, 王布和2   

  1. 1. 中国人民大学经济学院 北京 100872;
    2. 中民信实业投资有限公司 北京 100035
  • 收稿日期:2003-06-10 出版日期:2003-08-20 发布日期:2012-03-05
  • 基金资助:
    本项目研究得到中国人民大学经济学基础人才培养基地的资助.

The Size and Efficiency of Financial Development under Financial Repress in China

<a href="http://jxyyj.ruc.edu.cn/EN/article/advancedSearchResult.do?searchSQL=(((CHENG Hua WANG Bu-he[Author]) AND 1[Journal]) AND year[Order])" target="_blank">CHENG Hua WANG Bu-he</a><sup>1</sup>   

  1. 1. School of Economics, Renmin University of China, Beijing 100872, China;
    2. Zhong Min xin Industrial Investment Co., Ltd., Beijing 100035, China
  • Received:2003-06-10 Online:2003-08-20 Published:2012-03-05

PDF

被引次数

23

摘要： 中国的金融发展是在政府金融管制即金融抑制下取得的。在金融规模不断扩张,有组织的金融体系把越来越多的金融剩余融通到生产部门,促进了社会资本形成的背后,由于金融抑制对市场机制的排斥,金融体系在资金分配上缺乏效率导向,导致原本短缺的资本资源过多流向国有企业,而具有高效率经营能力、对经济增长做出主要贡献的民营经济却难以获得发展所需要的资金。因此整体上金融体系在配置社会金融剩余和促进存量资本再流动方面是缺乏效率的,而这同时也对金融体系自身的安全形成了威胁。本文认为,这就需要政府减少干预,放松金融抑制,给予金融领域的市场机制以更大的作用空间。

关键词: 金融抑制, 金融发展, 规模, 效率

Abstract: The financial sector in China has developed rapidly, especially in terms of the financial size. However, as the Chinese government still keeps a tight control over financial development in many aspects, the market mechanism of the banking sector and the capital market cannot function well. As a result, the financial intermediary and financial market have showed low efficiency with respect to allocating social financial surplus and promoting removal of social capital stock. This has also led to the fragility of the financial system itself. The author concludes that in China the progress of financial efficiency does not keep pace with the progress of financial size.

Key words: financial repress, financial development, scale, efficiency

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