政府注资银行理论的发展及对我国的启示

The Development of the Theories of Bank Recapitalization and Inspirations to China

在美国次债危机引发的全球金融动荡的背景下,注资银行政策的运用为各国政府所普遍关注。本文从注资类型、方式、效果以及影响等方面,对政府注资银行的理论研究进行了梳理,并结合中国注资银行的实际情况,提出政府在对问题银行注资的同时,更要关注银行资本结构以及风险监管,并在经济平稳条件下降低银行对政府注资的预期,以保证注资银行效用的最大化。

As the financial crisis provoked by the subprime crisis in the U.S. becomes a worldwide calamity, the imple- mentation of bank recapitalization has become a common concern of every sovereign government. This article has introduced the development of literatures concerning bank recapitalization in respect of its types, methods, results and impacts. Moreover, with regard to the conditions of bank recapitalization in China, this article has also provided some policy suggestions such as reinforcing the banks＇ capital structure and risk management and reducing their expectation on capital injection by the government under smooth economical conditions so as to maximize the effectiveness of bank recapitalization.