摘要
2008年金融危机后,人们深刻反思危机带来的教训,开始积极寻求各种解决方案。针对本次危机中暴露出的监管缺位问题,理论界普遍提倡加强金融监管,而实施宏观审慎监管成为大多数学者的共识。实践中,各国监管部门也逐渐意识到对系统性风险进行监管的重要性,开始实行大刀阔斧的改革,重构本国的金融监管体系。本文对宏观审慎监管理论的发展脉络进行了系统性地梳理,从国外、国内两个角度详细论述了宏观审慎监管理论的起源和演进,特别是对危机后宏观审慎监管理论的发展做了总结,并在此基础上提出了未来的研究方向。
The lessons of 2008 financial crisis made us rethink the deficiency of the current financial regulatory system and find solutions actively. Most economists advocated strengthening the financial supervision, and reached a general consensus for implementing the macro-prudential regulation. In practice, national authorities are increasingly aware of the importance of monitoring systemic risk, and introduced radical reformations for reconstructing their financial regulatory system. This paper introduced an overview of the macro-prudential regulation theory, and discussed its origin and evolution in detail from foreign and domestic perspectives, especially the recent development of the theory. The direction of future research was also proposed in this paper.
出处
《国际金融研究》
CSSCI
北大核心
2011年第8期66-74,共9页
Studies of International Finance
关键词
宏观审慎
宏观审慎监管
系统性风险
Macro-prudential
Macro-prudential Regulation
Systemic Risk
