论我国的利率市场化改革

On Reform of the Market-oriented Interest Rate in China

利率市场化 ,其实质是建立由中央银行确定基准利率 ,其他金融机构在规定幅度内 ,围绕基准利率自由浮动各自存贷款利率的利率体制。本文认为 ,我国实行利率市场化改革有其必要性 ;但是 ,利率市场化改革应采取渐进方式 ,不能一步到位。

The substances of a market determined interest rate is to establish the system in which the standard rate is detmed by the central bank while the borrowing and lending rates in other financial institutions can float above or below the standard rate within an agreed range.The author believes it necessary for China to let the market determine the interest rate.The author also thinks that the reform cannot be accomplished in one move.