摘要
本文通过对安徽省阜阳市民间融资的问卷调查和实证分析研究,得出如下结论:第一,经济转型所带来的巨大融资需求扩张是民间融资趋热的基本需求基础;第二,民间融资的比较优势在于其自发性的市场运作本质,构成了民间融资的供给基础;第三,民间融资的经济效应在于推动了资金的有效流动和优化配置,但由于其非监管性,其引起的风险极有可能成为影响社会稳定和宏观政策的重要因素;第四,民问融资的发展关键是如何将其发展引入正途,对此本文提出了规范其发展的政策建议。
This paper empirically studies informal finance in Fuyang, Anhui, and conclusions are as follows： Firstly, financial demand expansion under economic growth is the pushing factor for informal finance. Second, comparative advantages of informal finance are driving factors. Thirdly, informal finance shows positive effects on fund flow and allocation, and negative effects on social stability and macro policy. Finally, this paper offers policy suggestions.
出处
《金融研究》
CSSCI
北大核心
2005年第12期152-160,共9页
Journal of Financial Research
