中国政策性银行市场化路径研究

【作者】 闫江奇；

【导师】 蒋三庚；

【作者基本信息】 首都经济贸易大学 ， 金融学， 2013， 博士

【摘要】 自1994年以来,中国政策性银行的市场化现象日益增多。一方面,先后出现了市场化运作、政策性业务兼营商业性业务、商业化转型等市场化现象；另一方面市场化也反映在中国政策性银行的改革与发展过程之中。2007年的全国金融工作会议明确了国开行商业化转型的方向,指出了政策性银行改革“一行一策”的思路,2012年的全国金融工作会议则进一步强调了既定的改革方向。但是,在中国政策性银行市场化的背景下,相关的理论和实践尚存在着较多的问题,因此,我们提出了中国政策性银行市场化路径研究这一重要命题。研究方法和思路。首先,吸收金融功能观、金融可持续发展观和开发性金融理论等研究成果并加以合理运用；其次,在梳理政策性银行市场化的理论研究成果基础上,提出政策性银行市场化的系统性内涵；第三,以金融功能观为主要的研究范式。由于传统的金融机构观分析范式有较多的局限性,我们提出了基于金融功能观甚至系统化的政策性银行市场化及其路径内涵；第四,确定了递进式的研究思路。先从中外政策性银行市场化状况的分析入手,然后,将政策性银行市场化路径分解为基本路径、实际路径和未来路径等问题并分别加以研究。研究内容。第一章是导言,包括研究背景、研究意义、技术路线和文献综述；二章是本研究的理论基础,包括政策性银行市场化的内涵和理论借鉴；第三章和第四章分别是现状研究和比较研究。从筹资和投资两个方面对政策性银行市场化的状况和存在的问题进行研究；第五章是基本功能论,借助金融功能观归纳出政策性银行市场化的基本功能论。第六章是基本路径分析,在构建经济型PN结模型的基础上,对政策性银行市场化的基本功能论和基本路径给予解释；第七章在政策性银行市场化的基本路径基础上,指出中国政策性银行市场化的综合性开发性金融特征,并揭示了其形成机制；第八章研究中国政策性银行市场化可持续发展路径；第九章是研究结论和研究展望。研究结论。(1)政策性银行市场化具有传统政策性功能、政策性商业性功能、双栖功能、商业性开发性功能和一般商业性功能等五大基本功能；(2)政策性银行市场化基本功能的演进过程形成了政策性银行市场化的基本路径；(3)中国政策性银行市场化的特殊原因和基本路径的结合形成了其实际路径；(4)中国政策性银行表现出综合性开发性金融的特征,并且具有内在的形成机制；(5)中国政策性银行市场化的路径既要遵循“一行一策”的改革和发展思路,又要在金融功能观的基础上,进一步按照金融可持续发展观进行理性决策。更多还原

【Abstract】 The market-oriented phenomenon of China’s policy Banks has been increasing since1994.0n one hand, China’s policy Banks have market-oriented phenomenon, such as the market operation, policy business engaged in commercial business, commercial transformation. On the other hand, it is also reflected in the process of reform and development on China’s policy Banks. In2007the national financial work conference, it has been determined the direction of the CDB commercialized transformation and pointed out the policy Banks reform train of thought of "one line and a slip". Then in2012national financial work conference, it has been further defined the direction of reform established. Under the background of Policy Banks’ marketization in China, there still exists many problems in related theory and practice, Therefore, we put forward the study of Chinas policy banks marketization’s path.Ideas and Methods. First of all, to absorb the financial functional view, developmental financial theory and financial sustainable development research and make reasonable use; Secondly, on the basis of comb,theoretical research results of the policy Banks of marketization, it is put forward market systemic connotation of the policy Banks; Thirdly, the research paradigm is determined and given priority to with view of financial function.Due to the traditional view of financial institutions analysis paradigm has more limitations, we put forward the connotation of policy bank marketization and its path based on the view of financial function; Fourthly, the research method of progressive type. From the analysis on the condition of marketization on both China policy banks and foreign policy banks, and then, decomposition of policy banks marketization path includes the basic path, the actual path and the future path, which is studied respectively.Contents and focus. Chapter1is introduction, including the research background and significance, literature review and technical routes. The second studies the theoretical basis, Including connotation and theory reference of policy banks marketization. Chapter3and chapter4respectively are empirical study and comparative study. Based on the concept of financial institutions and from the two aspects:Financing and investment, we can study the policy Banks market situation and the existing problem. On the basis of study of financial institutions, with the aid of financial function view and financial sustainable development theory, Chapter5summed up the policy banks marketization’s " basic function" theory. The sixth chapter P-N junction model is constructed to explain the meanings of "five function" theory and policy banks marketization’s basic path. On chapter7:on the basic path of the policy banks of marketization, the comprehensive development financial characteristics is refined out and Its China-style incentive mechanism of its formation is revealsed. In Chapter eight,from the view of function,is about the future path of China policy banks marketization during the new period. The ninth chapter is on summary and research prospect. The main conclusion:(1) the policy bank marketing function include traditional policy function, policy business function, double habitat function, commercial development function and general business function.(2)The evolution process of the basic function of policy bank marketization is to form its basic path.(3)China’s policy banks marketization has not only the basic characteristics of itself, but also has the total characteristics of "comprehensive development finance", and its formation is on certain mechanism.(4) Policy Banks marketization in china showed a characteristics of comprehensive developmental finance and the formation of internal mechanism;(5) the path of the marketization of China’s policy Banks should not only follow the "one line of a policy" reform and development train of thought, and designed according to the requirements of financial sustainable development.更多还原