金融改革实验区金融创新与监管动态响应机制研究——基于美国金融创新产品的衍生逻辑视角

发布时间：2018-10-30 10:40

【摘要】：温州金融改革实验区的设立及随后深圳推出系列金融创新举措开启了我国金融实验区改革的序幕。在金融实验区,围绕引导民间资本进入规范化的金融体系以更好服务中小微企业孕育了一条凸显金融创新的资金流动链条。美国金融创新体系中以房地产市场为基础的金融创新衍化逻辑尤为典型,但该衍化链条蕴藏的金融监管对创新响应失衡引发了流动性逆转联动着金融危机的爆发,之后掀起全球金融监管改革潮。鉴于此,本文借鉴美国金融创新衍化的经验,弥补其不足,并结合当前国际金融监管趋势,在金融实验区搭建了金融创新与监管间"一种理念,两种响应"的动态响应机制,以期在防范金融风险的基础上使金融创新能够更好服务实体经济。
[Abstract]:The establishment of Wenzhou Financial Reform Experimental Zone and the subsequent introduction of a series of financial innovation measures in Shenzhen have opened the prelude to the reform of China's Financial Experimental Zone. In the financial experimental area, around guiding private capital into the standardized financial system to better serve the small and micro enterprises, there is a financial flow chain that highlights financial innovation. The evolvement logic of financial innovation based on real estate market is particularly typical in the American financial innovation system, but the financial supervision contained in the chain of financial innovation response to the imbalance of innovation caused a liquidity reversal linked to the outbreak of the financial crisis. Then set off a wave of global financial regulatory reform. In view of this, this article draws lessons from the American financial innovation evolution experience, makes up for its insufficiency, and unifies the current international financial supervision tendency, has set up the "one idea, two kinds of response" dynamic response mechanism between the financial innovation and the supervision in the financial experimental area. In order to prevent financial risks on the basis of financial innovation can better serve the real economy.
【作者单位】：河北工业大学经济管理学院;
【基金】：国家社会科学基金“中美经济非对称共生条件下我国流动性重复逆转问题研究(11BJL048)”的阶段性研究成果
【分类号】：F832.1;F837.12

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