中国国有银行的外在化与产权效率

Externalization of State-owned Banksand the Efficiency of Property Rights

中国渐进式改革战略决定了国家选择了国有银行为国有企业提供金融支持。这种支持造成了国有银行经营的外在化,严重扭曲了银行的经营机制,造成效率下降,风险累积,严重威胁着银行业的安全。由于外在化是与国家独家垄断产权交织在一起的,国有银行改革关键也就在于实现产权多元化,以提高产权效率。

China gradual reform strategy chooses state-owned banks to provide state-owned enterprises with financial support.The support leads to externalization of state-owned banks and disorders the banking operation mechanism.Moreover,it induces low efficiency and grave financial risks,even threatening the security of Chinese banks.Since externalization is connected with national single monopoly,the crux of reform is to supply multiple property rights of state-owned banks for improving the efficiency of property rights.