摘要
金融功能观认为金融体系通过增强流动性、降低风险、监督经理与实行公司治理和动员储蓄等,降低信息成本和交易成本,提高储蓄向投资转化的效率。金融结构观指出不同的金融结构在不同的历史条件下,对经济增长的作用机制和效果可能也会有差异。功能观与结构观都在一定程度上解释了经济增长,但金融体系提供的金融功能具有不同的比较优势,不同的金融功能对经济增长的作用各异。金融体系是否推动经济增长取决于金融结构与实体经济的适应效率,在不同的发展阶段和国情条件下,只有适合经济发展的金融结构才能促进经济增长。
The financial function paradigm argues that the financial system can improve the efficiency of savings′ turning into investment,and reduce information cost and transaction cost through increasing the fluidity,reducing risk,monitoring the managers,corporate governance and motivating savings.The financial structure paradigm points out that the mechanism and effect of various financial structures on economic growth may be different in different historical conditions.Both financial function paradigm and structure paradigm can explain economic growth in a certain extent.But the financial functions provided by the financial system have different comparative advantages,and have various effects on economic growth.Whether the financial system promotes the economic growth or not is decided by the adaptive efficiency between financial system and real business.At the different development stages and countries,only the financial system which adapts to the economic development can improve economic growth.
出处
《商业研究》
CSSCI
北大核心
2012年第4期51-55,共5页
Commercial Research
基金
国家社科基金项目
项目编号:11CJY101
关键词
金融发展
经济增长
金融功能
金融结构
financial growth
economic growth
financial function
financial structure
