摘要
长期以来,政府主导下源自价格和市场的资金缺口造成了资本市场的发展滞后。利率市场化带来的资金自由定价和流通机制,有利于金融资源的优化配置与金融市场的公平竞争,并对资本市场的发展产生重大影响。当前,利率市场化改革进入攻坚阶段,在坚持既定的渐进和次序原则下,加快市场化的内在机制建设与配套改革,有助于推进资本市场的发展与开放。
For a long time, the funding gap derived from the government-led price and market has caused the lagged development of capital market. The free pricing and circulation mechanism brought about by interest rate liberal- ization are propitious to the optimal allocation of financial resources and the fair competition in financial market, and have a significant impact on the development of the capital market. As the reform of interest rate liberalization has en- tered the most critical stage, by adhering to the established principles of progressiveness and orderliness, the accelera- tion of constructing the market-oriented internal mechanism and reform of the supporting mechanism are propitious to the development and opening-up of the capital market.
出处
《金融发展研究》
2013年第9期3-7,共5页
Journal Of Financial Development Research
关键词
利率市场化
资本市场
直接融资
资源配置
interest rate liberalization, capital market, direct financing, resource allocation
