信用重构与中国大陆的经济发展

Credit Rebuilding and Chinese Mainland's Economic Development

信用的基本功能是为了克服信息不对称所引致的未来不确定。作为一种制度安排,信用机制与信用体系具有历史规定性。中国大陆的经济转型转轨进程也是信用重构的进程。有必要区别两种不同性质的信用失范:一是由于计划经济变形而来的行政垄断及行政干预所导致的信用失范;二是由于市场发育不成熟所导致的信用失范。对中国大陆经济的可持续发展而言,信用规范确实至关重要。但规范信用的根本不是要加强政府的强力管制,而是要明确长期稳定的产权关系,并建立与市场经济相适应的全社会信用甄别与维护机制。

The basic function of credit is for av oiding uncertainty caused by the unsymmetrical information.As a kind of arrangement of institution,credit mechanism and system is historically produced.The process of economy transformation in Chinese mainland is also the process of credit rebuild ing.It is necessary to distinguish t he out -of -normal credit by two different qualities:one is caused by the adminis trative monopoly and administrativ e in-tervention;another is caused by the immature market economy.Regulatin g credit is essential to the sustainable development of Chinese mainland' s economy,however the point is not to increase the government ' s power to control,but to clarify a long -lasting and stable relation of property rights,and to establish a credit discrimination and credit protection social system,which adapts to the market economy.