摘要
宏观审慎评估是我国构建宏观审慎政策框架的一项创新探索,在经过近五年实践后,有必要从内在逻辑、运行实践等角度再度审视MPA的政策框架与行动效果,并充分考虑后疫情时代金融稳定发展的客观要求,探讨进一步改进方法和途径。本文系统梳理了MPA发展演进的历史逻辑、理论逻辑和实践逻辑,从“应然”和“未然”两个角度分析了影响MPA有效性的关键因素与进一步改进的方向和空间,并提出政策建议。
Macroprudential assessment is an innovative exploration of China's establishment of a macro prudential policy framework.After nearly five years of practice,it is necessary to re-examine the policy framework and action effects of MPA from the perspectives of internal logic and operational practices.In this article,we systematically sort out the development and evolution of MPA from the terms of historical logic,theoretical logic,and practical logic.Additionally,we analyzes the key factors affecting the effectiveness of MPA and the direction and space for further improvement from the perspectives of"what it should"and"before it".Finally,we will check the outstanding problems that exist in the specific operation of MPA,and gives policy recommendations.
作者
王会奇
李建伟
钟辉
WANG Huiqi;LI Jianwei;ZHONG Hui(People's Bank of China Tianjin Branch,Tianjin 300040)
出处
《西部金融》
2020年第7期4-8,15,共6页
West China Finance
关键词
宏观审慎评估
系统性金融风险
金融稳定
Finance
Macro prudential
Assessment
policy
Systemic financial risk