摘要
在金融发展的历史长河中。由于各国的政治制度和历史机遇不同,逐渐形成了以市场主导的金融系统和以银行主导的金融系统两种金融模式。这两种模式在在资源配置的效率和风险分担上各具优势。随着世界经济的进一步开放,全球金融系统逐步融合,究竟哪一种金融系统更能适应全球化的金融发展成了人们关注的焦点。本文从这两种金融模式产生的历史背景出发,探寻中国金融系统可能的发展方向。
In the historical development of financial development, due to the different political system and historical opportunity of each country, two kinds of financial models, which are market- oriented financial system and bank-led financial system, are gradually formed. These two models have advantages in resource allocation efficiency and risk sharing. With the further opening of the world economy, the gradual integration of the global financial system, which kind of financial system is more able to adapt to the globalization of financial development has become the focus of attention. This paper explores the possible development direction of China's financial system from the historical background of these two financial models.
作者
王越
Wang Yue(Central University of Finance and Economics, Beijing 100081, China)