实现金融“普”与“惠”的互动发展——基于数字普惠金融降低成本的视角

Realizing the Interactive Development of Financial"Inclusion"and"Benefit"——Based on a Digital Financial Inclusion Cost Reduction Perspectivehe

普惠金融面临着“惠”与“普”难以实现互动发展的困境,制约其高质量发展。本文系统分析普惠金融本质,探究“惠”推动“普”实现互动发展的关键,厘清数字普惠金融的助力机理。研究发现,普惠金融以“惠”为根本推动“普”,“普”发挥规模经济与范围经济作用促进“惠”,实现互动发展;“薄利多销”为其盈利模式。实现互动发展的关键在于降低普惠金融产品的平均成本;数字普惠金融的助力机理为依托数字平台网络效应、数据信息非竞争性以及数字技术去中心化分别降低获客成本、风控成本和交易成本。然而,数字普惠金融仍存在服务边界。最后,提出搭建“三角平台”运行载体,做实促进数字普惠金融发展的设施保障。

Inclusive finance faces the dilemma that it is difficult to realize the interactive development of"benefit"and"in-clusion",which restricts its high-quality development.This paper systematically analyzes the nature of financial inclusion,ex-plores the key of"benefit"to promote"inclusion"to achieve interactive development,and clarifies the mechanism of digital fi-nancial inclusion.The study finds that inclusive finance takes"benefit"as the root to promote"inclusion",and"inclusion"plays the role of scale economy and scope economy to promote"benefit",realizing interactive development;and"thin profit and high sales"is its profit model.The key to achieving interactive development lies in reducing the average cost of inclusive financial products;the enabling mechanism of digital inclusive finance is to rely on the network effect of digital platforms,the non-competitive nature of data and information,and the decentralization of digital technology to reduce the cost of customer acquisi-tion,the cost of risk control,and the cost of transactions,respectively.However,digital inclusive finance still has service bound-aries.Finally,it is proposed that a"triangular plaform"be built as an operational vehicle to ensure the facilities for promoting the development of digital inclusive finance.