摘要
本文以金融脆弱性理论为基础,从银行、存款人、借款人视角说明了银行具有内在脆弱性。由于我国存在的高市场集中度、高政府隐形担保导致了银行脆弱性的表现主要以局部银行危机的形式出现,并且"脆弱+冲击"是其主要的实现途径。在当前金融危机背景下,以稳定存款人心理预期为着力点,从纠正我国最后贷款人制度的错位救助、构建显性存款保险制度赎买国家隐性担保、引入市场约束激励银行审慎经营三个方面,明确市场约束、流动性援助和存款保险激励兼容的局部银行危机处理策略,是构建局部银行危机向系统性银行危机转变的阻断机制的必要现实选择。
On the basis of the theory of financial fragility, the paper expounds the internal fragility of banks from the perspectives of banks, depositors and borrowers. The high market concentration and implicit government guarantees result in that bank＇s fragility is mainly manifested by localized banking crisis, and the chief approach is ＂fragility and impact＂. Under the current background of global financial crisis, by focusing on stabilizing depositors＇ psychological expectation, the banking system must correct the dislocated relief of the lender of last resort system, establish explicit deposit insurance system to replace government＇s implicit guarantees and introduce market discipline to encourage banks to cautiously operation. To cut off the localized banking crisis transforming to systematic banking crisis in China, a scientific localized banking crisis disposal strategy must be established, which should satisfy the compatibility among definite market discipline, liquidity relief and deposit insurance.
出处
《金融论坛》
CSSCI
北大核心
2009年第7期25-32,共8页
Finance Forum
关键词
金融危机
金融脆弱性
外部冲击
局部银行危机
存款人心理预期
financial crisis
financial fragility
external shocks
localized banking crisis
depositor＇s psychological expectation
作者简介
彭科，男，招商银行深圳分行计划财务部，硕士（深圳，518001），E-mail：ben_xjtu@cmbchina．com。
