构建分工均衡、具有协同效应的金融结构

Establishing a Financial Structure with Balanced Specialization and Coordination Effect

本文从专业分工、结构均衡以及发挥金融整体协同效应的角度来审视我国金融结构的现状,认为不均衡的专业分工格局和分工后缺乏协作关系,是导致目前金融整体发展状况不佳的重要原因。在对既定金融机构经营特色进行分析的基础上,力求在市场机制的作用下,通过引入一种新的机制将我国的直接融资机构和间接融资机构与各金融市场有机联系起来,从而有效地缓解直接金融资金不足和间接金融资金过剩的问题;在商业银行系统和其他擅长于资产运用的金融机构之间建立一个资产有偿转移的市场,在此思路下重新塑造一个分工均衡、具有协同效应的金融结构。

In this paper the reality of our financial structure is examined fr om the perspective of specialization, structural equilibrium and exercising the coordination effect of the overall finance. It is found that unequal specializat ion and lack of coordination after specialization are responsible for the curren t discouraging development of the overall finance. Based on an analysis of opera tional features of existing financial institutions, attempts are made to use mar ket mechanism to introduce a new mechanism linking direct and indirect financing institutions in our country with various financial markets so that the problem of capital inadequacy with direct financing and capital surplus with indirect fi nancing will be effectively solved. On the other hand, a market of paid transfer of assets should be established between commercial banking sector and other fin ancial institutions good at assets operation. Guided by such principle, a financ ial structure is rebuilt with balanced specialization and coordination effect.