美国次贷危机与金融制度重构

美国次贷危机暴露出的种种问题表明,系统性风险的来源已经发生了变化,而金融基础制度的安排,无论是国际金融风险监测预警框架,还是监管制度、会计标准和评级体系,却未跟上金融市场的发展。为了恢复投资人信心,提升金融市场效率,亟需重构金融制度。

US Subprime Crisis and Restructuring of Financial System

The subprime crisis originated in the US demonstrates that the sources of financial system risks have transformed,but the financial infrastructure such as the accounting and credit rating standards are lagging.To boost investors' confidence and enhance the efficiency of financial markets,it is necessary to restructure financial infrastructure,including international financial risk monitoring and early warning system as well as financial supervisory framework.