摘要
金融危机使当前金融监管体系备受质疑,金融监管改革势在必行。文章在回顾各种监管理论的基础上归纳出两类基本监管模式,即以公共利益理论为基础的官方监管模式和以私人利益理论为基础的市场监管模式。在此基础上,文章就这两种监管模式对金融发展的影响进行实证分析,结果显示,加强外部监管的市场监管模式比加强官方监管权力的官方监管模式更有利于金融市场的发展。因此,危机后我国金融监管体系的改革应该以建立市场监管体系为核心。
The current financial supervisory system is questioned because of the financial crisis, and financial regulatory reform is imperative. Based on a systematic review of regulatory theories, the paper raises two kinds of supervisory models, namely official supervision model（OSM） on the basis of public interest theory and market supervision model（MSM） on the basis of private interest theory. Then it makes an empirical analysis of the two models＇ effects on financial development. The results show that MSM through strengthening external supervision makes a greater contribution to financial development than OSM through strengthening official supervisory power. Therefore, after the crisis, the reform of financial supervisory system should focus on the establishment of market supervisory system.
出处
《财经研究》
CSSCI
北大核心
2010年第9期134-143,共10页
Journal of Finance and Economics
关键词
金融监管
金融发展
官方监管
市场监管
financial supervision
financial development
official su- pervision
market supervision
