金融自由化进程中不良资产的生成与防范

Non-performing Assets in the Financial Liberalization: Forming and Prevention

本文认为,金融自由化进程中不良资产的生成既有其一般性,也有其特殊性。其特殊性是指在不良资产生成的一般性的基础上,由于推行金融自由化改革措施而增加的不良资产,具体体现在利率自由化、金融业务和机构准入自由化及资产账户自由化有可能增加银行的不良资产。文章指出。防范不良资产的生成,首先是解决信贷市场上信息不对称导致的道德风险和逆向选择问题;其次是重点防范在金融自由化和资本账户自由化后银行出现的过度借贷和企业出现的过度投资现象。

The forming of non-performing assets in the financial liberalization has it specialties.Non-performing assets can be multiplied by the reforms aiming at pushing financial liberation forward.To prevent the forming of non-performing assets,first the risks in ethics and the reverse selection that caused by information unsymmetry in the loan market should be solved; and second over-expansion of banks and over-investment of enterprises should be prevented.