中国改革开放三十年来金融制度变迁探析——基于制度变迁的路径依赖视角

The Change of Financial Institutions in the Thirty Years Since Reform and Opening to the Outside World:From the perspective of the path dependence of institutional change

以诺思开创的制度变迁的路径依赖理论来看,改革开放三十年来中国金融制度变迁呈现为路径依赖下的强制变迁的典型特征,约束条件下中国选择了一条渐进转型、政府主导与市场引导的变迁轨迹。这种政府主导的强制性金融制度变迁由于具有强势路径依赖的特征,并常锁定在低效率状态。

From the perspective of the path dependence of institutional change initiated by North, the change of chinese financial institutions in the thirty years since reform and opening to the outside world is mainly characterized by the compellent change in the path dependence. In the restraint condition, China selects a gradual transition way of government-dominated and market-oriented economic system. This kind of change carries with strong path dependence and very often locked in low efficiency.