摘要
金融创新是金融结构提升的主要方式和金融发展的重要推动力量,其主要体现为金融工具创新、金融机构创新和金融制度创新。在银行体系、证券市场、外汇市场和金融衍生品市场等金融领域,相关金融主体的组织模式和功能价值发生改变,金融创新活动以不同路径、不同方式对货币政策产生了一定影响。这既导致货币运行所依赖的经济金融环境更趋多元化、复杂化,又致使货币政策的有效性面临挑战。为更积极地发挥金融创新对货币政策的正面作用,应理性发展金融创新,加快中央银行货币政策调控体系改革,积极推行其他宏观经济配套政策。
Financial innovation is the primary way to financial structure promotion and important force for financial development, mainly embodied by financial instrument innovation, financial institution innovation and financial system innovation. In such financial fields as banking system, securities market, foreign exchange market and financial derivative market, etc. organizational models and function value of relevant financial entities have changed, the activities of financial innovation have some influence on monetary policy with different means and ways. This has resulted in a more diversified and more complex economic and financial environment, which is depended by money operation, and meanwhile the effectiveness of monetary policy is facing challenge. In order to exert the positive role of financial innovation on monetary policy into great play, it＇s necessary to rationally develop financial innovation, quickening the central bank monetary policy regulating system reform with other supplementary macro economic policies to be made.
出处
《河南金融管理干部学院学报》
CSSCI
2008年第5期59-63,共5页
Journal of Henan College of Financial Management Cadres
关键词
金融创新
货币政策
有效性
证券市场
financial innovation
monetary policy
effectiveness
securities market
