两种融资制度下金融中介效率比较

Comparison of Efficiency of Financial Intermediary between Two Financial Systems

分析了金融中介在经济增长中的作用 ,以此给出评价金融中介效率的指标体系 ,并根据市场主导型和政府主导型两种融资制度的差异 ,对金融中介效率进行对比分析 ,认为政府主导型融资制度除了在储蓄动员方面有较高的效率外 ,在储蓄转化、资金配置和技术进步方面是缺乏效率的 。

The role of financial intermediary in economic growth is analyzed. From this, the index system of the financial intermediary is assessed. From the difference between the market-oriented and government-oriented financing systems, the efficiency of the financial intermediary is analyzed and compared. It is concluded that the government-oriented financing system, except for relatively high efficiency in the respect of deposit mobilization, is devoid of efficiency in the field of saving transferring, fund allocating and technological progress. And this is the key for China to conduct its financial reform in the future.