各国(地区)应对股灾救市行动评述被引量：3

Comparative Study and Review of Responsive Measures to Stock Market Crash

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摘要 20世纪80年代以来,美国、日本、韩国以及我国香港、台湾地区均经历过股灾。各国(地区)政府应对股灾而采取了相应的救市行动,涉及救市措施、实施效果及退出情况等方面。从境外经验看,政府救市行动均遵循一定的目标和原则,有一定的决策、进入、退出机制,采取多种救市措施相结合的策略。同时,各国(地区)政府在股灾发生后还会进行深入的总结反思,并采取一系列的制度改革措施,包括反思制度缺陷、改革监管体制、加大执法力度等。 Since the 1980s, the United States, Japan, South Korea, Hongkong and Taiwan have experienced the stock market crash. Governments have taken several corresponding remedies to deal with the stock market crash, involving aspects of bailout measures, implementation rules and exit mechanism. From overseas experience, we can see that government bailout shall follow certain objectives and principles, there are certain decisions, exit mechanisms, and many kinds of measures. In the wake of stock market crash governments conducted in-depth reflections, and reformed regulatory measures, strengthened law enforcement.

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出处《证券市场导报》 CSSCI 北大核心 2016年第1期17-23,31,共8页 Securities Market Herald

关键词股灾救市行动救市措施制度改革 stock market crash, bailout, rescue remedies, institutional reform

分类号 F830.9 [经济管理—金融学]

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参考文献10

1Stock Market Artifacts and Archives Collection: Oral History, 1997, HongKong: Centre of Asian Studies.
2http://www:legislation.gov.uk/ ukpga/2004/36/contents.
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7See Bailout Tracker, Propublica, available at https://projects.
8See Emergency Order Pursuant To Section 12(k)(2) Of The Securifes Exchange Act Of 1934 Taking Temporary Action To Respond To Market Developments, Release NO. 34-58592, September 18, 2008. https://www.sec.gov/rules/other/2008/34-58592.pdf.
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二级参考文献12

1Bernanke, Ben. 2010, Federal Reserve' s Exit Strategy, Testimony before the Committee on Financial Services, U.S. House of Representatives, Washington DC, February 10.
2Helene Baudchon, 2009, Tools for an Exit Strategy, Credit Agricole, Paris, September.
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5Plosser, Charles I., 2011a, Exit, Federal Reserve Bank of Philadelphia, March 25.
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8http://www.clevelandfed.org/research/data/credit_easing/index.cfm.
9http://www.federalreserve.gov/releases/h3/hist/.
10Board of Governors of the Federal Reserve System, 2011, Monetary Policy Report to the Congress, July 13.