摘要
战后,日本设立了为数众多的政策金融机构,为日本经济的迅速恢复、高速增长及此后的低速稳定增长发挥了重要作用。但随着日本经济的发展,由于政策金融机构有强大的财政资金支持,导致民间金融机构在市场竞争中受到排挤,在很大程度上压抑了民间金融机构的活力,影响了民间金融的健康发展,扭曲了金融市场的资源配置功能。因此,进入新世纪以后,日本政府对包括政策金融在内的整个财政投融资体制进行了大刀阔斧的改革。从日本政策金融机构的设立和重组中,可以得出一些对我国的政策金融发展与改革有益的启示。
A large number of policy-based financial institutions were established in post-war Japan, which had played an important role in Japan's rapid recovery, and contributed greatly to Japan's economy in both of the high-growth and the low-growth stages. However, the private financial institutions had suffered a squeeze-out effect in the market competition, partly because of the strong financial position of the Japanese policy-based financial institutions. This fact restrained the dynamics of the private financial institutions and distorted the function of resource allocation of the financial market, impelling the Japanese government to reform the public financial system in the new century. Japan's experience from the establishment to the restructuring of its policy-based financial institutions helps to provide useful implications towards the development and the reform of China's policy-based finance.
出处
《现代日本经济》
CSSCI
2007年第5期1-4,共4页
Contemporary Economy OF Japan
基金
教育部2001年招标项目"世界经济全球化与东北亚地区经济发展"
项目编号:01JAZJDGW003
吉林大学985工程项目"东北亚研究与东北老工业基地振兴"资助
关键词
日本
政策金融:挤出效应
重组
基本方针
Japan
Policy-basedfinance: Squeeze-outeffect
Restructure
Basic policies