摘要
《中共中央关于完善社会主义市场经济体制若干问题的决定》中指出 ,要处理好监管和支持金融创新的关系。金融创新是市场经济发展的产物 ,它在促进金融市场发展的同时 ,也增加了金融市场的不稳定性。因此 ,如何处理好金融创新、金融风险和金融发展的关系 ,是政府的金融监管必须解决的问题。我国利率尚未市场化 ,股票市场还有待完善 ,目前不宜恢复利率期货市场和建立股票指数期货市场。从政府的角度来说 。
Financial innovation plays an important role in developing financial markets. It may transfer risks, promote liquidity and create new credit. However, it may also bring about instability for financial markets. It is not time yet in China to recover interest rate future market or to establish stock index future market since the interest rates do not change with demand and supply, and the stock markets have over-speculations. But it is feasible to develop securtization of assets such as insurance of asset-backed securities, and build foreign exchange market of forward, swap, futures and options if the exchange rates of RMB become more flexible.
出处
《北京师范大学学报（社会科学版）》
CSSCI
北大核心
2004年第5期107-113,共7页
Journal of Beijing Normal University(Social Sciences)
关键词
金融创新
金融风险
金融发展
衍生金融工具
financial innovation
financial risk
financial development
financial derivative
