正规金融与非正规金融自金融伦理视角的比较分析

Comparison and Contrast of Formal and Informal Finance from the Perspective of Financial Ethics

目前,国内外学者对正规金融和非正规金融的研究成果主要集中于以下几个方面:一是从制度经济学角度剖析非正规金融形成和发展的原因及经济基础;二是分析正规金融、非正规金融以及新型微观金融之间的相互关系和定位;三是对影响二者供给和需求的因素进行经验分析;四是实证研究它们对经济增长、农民收入等宏观经济指标的绩效和影响;五是结合案例探索非正规金融的风险控制及监管措施。鲜有文献从伦理经济学角度对二者进行比较分析。试图从金融伦理视角对其性质进行重新审视与解读,以探究二者在基础性金融功能之上所衍生的伦理内涵与社会意义,并最终提出构建和完善正规金融与非正规金融伦理体系的相关政策建议。

Currently most of the research done by scholars engaged in the study of formal and informal finance at home and abroad are focused on the following aspects:1) analysis on the formation and development of informal finance and its economic infrastructure from the perspective of institutional economics;2) analysis on the interrelationship between formal finance,informal finance and new micro-finance;3) empirical studies on the factors affecting the supply and demand of formal and informal finance;4) empirical studies on the impact of formal and informal finance on the performance of macroeconomic indicators,such as the economic growth and farmers' income;5) case studies on risk control and monitoring measures of informal finance in light of cases;however,few research has been done to compare these two types of finance from the ethical perspective.This paper tries to re-address the nature of these two types of finance from the perspective of financial ethics,exploring their ethical connotations and social significance derived from their fundamental financial functions,and come up with suggestions for the policy makers regarding how to build and improve the ethics of formal finance and informal financial systems.