法律、民间金融与麦克米伦“融资缺口”治理--中国经验及其法律与金融含义

Law,Informal Finance and McMillan Financing Gap Governance——China's Experience and its Law and Finance Implications

中小企业的"麦克米伦融资缺口"难题是一个世界性难题。本文从法律金融学的角度,分析了中国在化解这一难题方面所做出的种种努力,总结了中国民间金融治理和"麦克米伦融资缺口"治理的经验和教训,尤其关注了温州民间金融发展、治理与金融综合改革的地方经验,最后总结了中国经验的法律金融学含义,从而在理论上倡导一种动态的"法律与金融观",在政策应用上提出了中国未来民间金融治理的战略构想和法律设计的基本理念。

The McMillan financing gap problem many small enterprises are faced with is a worldwide issue. This article summarizes China＇ s experiences and lessons in the governance of informal finance and McMillan financing gap from law and finance perspectives in view of the efforts China has made to solve this problem. And the author especially focuses on the development and the governance of the informal finance in Wenzhou and on its local experience in financial system reform. Finally, on the basis of dynamic law and finance implications of China＇ s experience, the author puts forward the strategic planning and the basic idea of the legal design regarding the future informal finance governance in China.