探索金融中介赖以生存和发展的现实基础:效率观的视角

Exploring the Real Foundation of the Financial Intermediaries' Existence and Development: A Efficiency Perspective

不同于金融中介结构观与功能观,金融中介效率观从交易效率、信息效率、X-效率、功能效率和制度效率等方面,来寻求金融中介赖以存在和发展的现实基础。金融中介所具有的交易效率优势作为其之所以存在和发展的前提基础,它促使经济金融系统得以有效运行;其所具有的信息效率这一关键优势能够显示出金融中介的存在的巨大价值和发展的巨大活力与潜力;X-效率作为金融中介机构的生命线,意味着其经营管理状况好坏决定其生死存亡;功能效率作为其存在和发展的依托,反映了金融中介是促进经济增长与发展的重要因素;而制度效率作为其存在和发展的有力保障,体现着金融中介制度安排及其效率高低对经济金融体系有着广泛而重要的影响。

Different from structure and function Perspective of the financial intermediary, efficiency perspective will seek the real foundation of the financial.intermediaries existence and development from transaction efficiency, information efficiency-efficiency, function efficiency and System efficiency. As a premise advantage ,transaction efficiency urges the economic and financial system to operate effectively; As a key advantage, information potential of the financial intermediaries ; As efficiency shows enormous value and great vitality and financial intermediaries＇ life line , x-efficiency means that the management situation can determine its quality of life and death; As a great releying-on, function efficiency reflects that the financial intermediaries is the important factors to promote economic growth and development; And as a effective protection of the financial intermediaries＇ existence and development, system efficiency embodies that the system arrangements and efficiency of the financial intermediary has a broad and important impact on the economic and financial system.