摘要
戈德史密斯(1969)和爱德华.肖(1973)分别对发达国家和落后国家的金融发展状况进行了实证研究,得出了落后国家经济之所以落后,主要是因为其金融发展与发达国家之间存在着明显的差异的结论,由此提出了金融深化的观点,标志着金融发展理论的形成。在金融发展理论的指导下,许多落后国家纷纷改革其金融体制,推行金融自由化,以促进其金融发展。然而20世纪90年代以后,全球金融危机的频繁爆发,引起了人们对金融发展理论的反思。金融发展理论的再度兴起,使金融发展的涵义不断得到丰富与发展,金融发展涵义从结构观、制度观向功能观和环境观逐步演进。
Goldsmith （1969） and Edward. S. Shaw （1973） ever did empirical researches on the financial development conditions of developed countries and developing countries respectively, They arrived at a conclusion that it was the obvious differences in the conditions of financial development between developing countries and developed countries that had caused the backward economy of the developing countries. Therefore, they brought forward the viewpoint of financial deepening, which marked the formation of financial development theory. Guided by the theory, many developing countries reformed their financial systems, and carried through financial liberalization, in order to advance their financial development. However, the global financial crises break out frequently after the 1990s, which aroused people＇s reflection： How the financial development can suit and promote a country＇ s economical growth？ The re - flourishing of financial development theory has continuously enriched and developed the meaning of ＂financial development＂, and the meaning of ＂financial development＂ has gradually evolved from the structural and institutional perspectives towards the functional and environmental perspectives.
出处
《山东财政学院学报》
2007年第4期23-27,共5页
Journal of Shandong Finance Institute
关键词
金融发展
结构观
制度观
功能观
环境观
financial development
structural perspective
institutional perspective
functional perspective
environmental perspective
