中国股票市场制度创新中政府角色的转换

在中国股票市场制度创新中 ,由于受到强制性制度变迁模式的制约 ,政府一直以来在制度创新中扮演着主导作用———提供制度变迁的方案 ,并具体实施和控制制度创新的组织化、制度化进程。这种由国家推动证券市场发展的强制性变迁模式发展到今天 ,已显现出各种内在矛盾 ,要推动中国股票市场制度创新的可持续发展 ,必须要实现政府在制度创新中角色的成功转换 ,使“政府控制型”制度创新向“市场取向型”的制度创新演进。

The Changes Of The Government's Role In China's Stock Market Institution Innovation

The Changes Of The Government's Role In China's Stock Market Institution Innovation CHEN Hong (Zhongnan University of Economics and Law, Faculty of Finance, Wuhan 430060, China) Abstract: As stock market is restricted by the model of compulsory system changes, the government in China always plays the leading role during the institution innovation on stock market. Having developed until now, the model of system changes dominated by the government has revealed sorts of internal contradiction, and policy market is one of these examples. So it is inevitable to change the effects that the government conducts successfully and fulfill the evolution form the forth new trail controlled by the government to that decided by the market.