摘要
社会经济发展到一定阶段后出现的证券市场,除了有筹集社会资金推动经济发展的效能外,证券市场的运行和变迁,还能够直接反映社会经济结构中的特点和问题。近代中国证券市场上出现的几国交易所并存、六次投机高潮和证券市场为政府财政服务等特点,是近代中国证券市场非正常发展的集中体现,也是近代中国证券市场难以正常发展的重要原因。此外,中国几千年悠久历史中形成的特殊商业习惯——企业商号可以直接吸收社会储蓄的传统,同样是制约近代中国证券市场发展的重要因素。
The stock market which developed with the social economy during a certain stage could not only be used to raise money to give impetus to the economic development but also directly reflect the characteristics and the problems existed in the social economic structure. The characteristics of the stock market in modem China mainly appeared in several aspects ： there were several stock exchanges which registered in different countries in the meantime and six speculation climax in modem China; the stock market were used to serve the government finance. The characteristics of the stock market were not only an improper phenomenon but also an important reason that the stock market in modem China couldn＇t develop normally. In addition, the special business traditional practice that business enterprise and finns could absorb the social savings which formed in the long history of several thousands years was also an important factor which restricted the development of the stock market in modem China.
出处
《经济研究》
CSSCI
北大核心
2008年第3期150-160,共11页
Economic Research Journal
