摘要
金融是经济运行的血液,是现代经济中最为核心的组成部分。金融不稳定,会导致整个金融秩序的紊乱和市场经济失灵,具有全局性的影响,特别是重大金融风险可能会衍生成系统性金融风险,甚至金融危机。所以金融稳定发展一直是整个改革开放和经济发展中最重大的问题。金融体系的稳定和金融运行的效率,对经济发展起到了至关重要的作用,防范化解重大金融风险是金融稳定发展的底线,所以在金融体系出现系统性风险或即将爆发金融危机时,政府的处理方式具有极其重要的作用,政府应对金融危机措施的适当性与合理性,决定着危机处置的有效性。因此,政府如何及时并有针对性地采取合理而有效的应对措施,具有重大现实意义。同时,金融危机具有较为普遍的发展规律,如何选择金融危机的应对措施亦有共性。鉴于此,本文从金融危机中德国和美国政府如何监管的视角,分析政府在金融危机背景下,应对的时机选择、对象选择、政策选择以及机制构建等行为,并在此经验基础上总结归纳域外金融危机救助的经验教训,提出金融危机处理的时机、救治措施、法治体系建设、风控体系构建,及推进金融创新和监管协调发展的系列建议,希冀为有效防范和化解金融危机提供借鉴,以裨益于完善市场监管体系,促进金融市场稳定发展。
Finance is the bloodline of the national economy and the core of the modern economy.The stability and efficiency of the financial system are vital to economic development and prosperity.Instability would lead to a disruption of the entire financial order and market failure,with global implications,especially as major financial risks may derive into systemic financial risks and financial crisis.This is why financial stability and development has been the most significant issue in the reform,opening up and economic development.The stability and efficiency of the financial system are vital to economic development and prosperity,preventing and resolving major financial risks is the bottom line of financial stability and development.When systemic risks or crises occur in the financial market,the attitude and behavior of the government play an extremely important role and the appropriateness and rationality of the government's response to the financial crisis determines the effectiveness of crisis management.Therefore,there are important practical significance for the government to take reasonable and effective response with a timely and targeted manner.Financial crises have more general laws,and there are also commonalities in how to choose response measures to financial crises.Based on the perspective of German and America government supervision in the financial crisis,this paper analyze the timing,object selection,policy selection and mechanism construction of the government in the context of the financial crisis and summarize on the basis of this experience.The lessons learned from financial crisis relief in overseas countries are reviewed,and a series of recommendations are made on the timing of crisis management,targeted measures,construct the rule of law system,estabilish a risk management system,and the promotion of coordinated development of financial innovation and regulation,with providing reference for effectively preventing and resolving financial crises,improve the market supervision system,and promote th
出处
《深圳社会科学》
2022年第1期25-33,共9页
Social Sciences in Shenzhen
关键词
金融危机
政府监管
政策选择
financial crisis
government supervision
policy choice
