非正规金融理论综述

A Summary of Informal Finance Theory

为防止经济过热和抑制通胀，国家于2007年年底开始收缩银行信贷。然而，这一举措在抑制正规金融机构信贷扩张的同时，却刺激了民间非正规金融的发展，非正规金融进入更为活跃的发展时期。据统计数据表明，截至2008年6月底，全国非正规信贷规模已突破10万亿元。什么是非正规金融，非正规金融又是如何产生的，本文从非正规金融的内涵、生成机理、内在缺陷，以及其存在的客观必然性等方面回答了上述问题。

In order to prevent overheated economy and control the inflation the state bagan to contract bank credits at the end of last year. However, the measure stimulates the development of informal finance at the same time it restrains the expansion of formal bank credits. According to statistics, the amount of informal bank credit in China had already exceeded i0000 billion yuan by the end of June, 2008. Furthermore, the connotation of informal finance, its formation mechanism, its internal limitations and existing objective inevitability are discussed in the paper.