【作者】 王霞；

【导师】 欧阳勇；

【作者基本信息】 西南财经大学 ， 金融学， 2011， 硕士

【摘要】 2007年8月以来,美国的次贷危机席卷全球,大量的投行倒闭,股市、房市陷入长期低迷,给包括中国在内的世界经济造成了严重影响。一个拥有近乎完善金融体系的国家突然爆发金融危机,这无疑给全世界的金融监管机构敲响了警钟。各国纷纷以此为鉴,改革本国的金融监管体系,以期更好地防范和化解危机。经过两年多的努力,各国经济终于呈现出了复苏迹象,那么在后危机时代,金融市场发展程度相对落后的中国应该从中汲取哪些经验教训,又需要避免哪些误区?本文着眼于后危机时代金融市场的特点和金融监管所呈现的趋势,提出针对我国金融监管的一些思考。本文从制度经济学相关理论和金融监管理论出发,对相关理论进行了梳理和归纳。在此基础之上,运用制度经济学和金融监管相关理论对我国金融监管制度发展各阶段的特点进行了总结。紧接着立足于金融危机大背景,描述了金融危机之后世界金融市场所呈现出的特点。最后将重点落在我国金融监管的实践上,对我国金融监管在金融危机中暴露出的问题以及金融危机后我国金融业面临的新的机遇和风险进行了说明,针对当前我国金融市场环境,对我国金融监管制度的未来取向提出了政策建议,指出我国金融监管应当在监管体制和监管机制上作出改进,同时还指出在这个过程中还应避免否定市场的有效性、过度监管、重视创新风险而忽视传统风险等误区。通过这些科学合理的调整措施,相信我国金融监管一定能够更加有效的对我国金融市场进行监管,以使我国金融市场更加安全、高效地运行。更多还原

【Abstract】 Since August 2007, the U.S. subprime mortgage crisis has swept the globe. A large number of investment banks failed, and the stock market and housing market fell into a prolonged slump, causing the world economy, including China seriously impacted. The financial crises broke out in a country with sound financial system, which undoubtedly sounded the alarm for the world’s financial regulatory agencies. As a result, many countries began to reform their financial regulatory systems to better prevent and resolve crises. After two years of hard work, the economy of many countries has been gradually recovering. As we know, the development of financial market in our country is relatively backward, then after the crisis, what lessons should we learn and what mistakes should we avoid? This paper focuses on the characteristics of financial market and the trends of financial regulation after the crisis, and proposes some thoughts for financial supervision in China.The author started from the theory of institutional economics and financial regulation theory and summarized the relevant theories. On this basis, we used relevant theories on institutional economics and financial regulation to summarize and analyze the characteristics of financial regulatory system in China on each stage. This paper is based on the background of the financial crisis, and we described the characteristics of the world’s financial markets after the financial crisis, and then foresaw the global trend of the adjustments in financial supervision. Finally, the emphasis of this paper was on the practice of financial supervision in China. It described the problems of the financial supervision in China exposed in the financial crisis and the new opportunities and risks the financial industry of our country will face after the financial crisis. Regarding the current financial market environment in China, this paper gave some policy recommendations about the future orientation of the financial regulatory system in China, pointing out that improvements should be made both in institutions and mechanisms of the financial regulatory system in our country. Meanwhile, it pointed out that in this process we should avoid some misunderstandings such as denying the validity of the market, over-regulation, neglecting traditional risks and so on. Through these scientific and reasonable adjustments, I believe that the financial regulators in China will be able to regulate the financial market more effectively, so that the financial market of our country will work more securely and efficiently.更多还原