摘要
发展中国家金融政策经历了从金融深化到金融约束的转变。本文研究了这些金融发展理论的演变过程、内容框架以及政策取向,探讨了政府在金融市场中的干预作用,着重分析了金融约束理论的局限性。指出金融约束只是一种动态的政策工具,金融约束的最优水平将随着金融深化程度的加深而下降,最终也向金融自由化的方向过渡,从而得出金融约束和金融深化并非截然对立的结论。
Financial policy in developing countries has been undergoing a change from financial deepening to financial restraint.In the article,the author studies the theory on financial development in developing countries—— — the content ,evolution and policy applicability,approaches,the functions of government in the financial market and points out the limitation of financial restraint emphatically.A conclusion is drawn that the financial deepening and financial restraint are not diametrically opposite because the destination of financial restraint will finally lead to financial deregulation.
出处
《湖北经济学院学报》
2004年第2期29-33,共5页
Journal of Hubei University of Economics