我国金融发展的理论评析

An Evaluation of China's Financial Development

金融发展就是在金融因素有效作用于经济增长前提下的金融部门的发展。从制度的视角来看,金融发展就是金融制度演进的过程,只有与经济增长的要求相适应的金融制度变迁,才能称之为真正意义上的金融发展。我国的金融发展就是一个例子,金融部门快速发展制约经济增长的现实缘于金融制度演进的缓慢。因此,深化我国金融改革的突破口是允许民间资本进入金融产权市场,改造现有金融体系比重建新的金融体系更重要。

Financial development essentially means the development of financial sector with finance playing an effective role in economic growth as a prerequisite. Viewed from the perspective of institution, financial development represents the evolution of financial institution. Only when financial institution change fits in with the requirements of economic growth, can we call it the real financial development. The process of China's financial development shows that the rapid development of financial sector restricts its economic development, which is caused by the slow evolution of financial institution. Therefore, the breakthrough point for deepening our financial reform is that we should allow non-governmental capital to enter the financial entity market. In fact, reforming the present financial system is more important than re-establishing a new one.