次贷危机的启示及商业银行金融创新的路径选择——制度视角的解读与思考

在多种因素作用下,次贷危机引发全球金融危机.如何吸取危机的教训、遵循科学的创新路径成为中国商业银行稳健发展的重要战略选择.本文基于制度经济学相关理论进行分析,认为金融创新出现结构性失衡是次贷危机发生的根本原因.商业银行制度创新滞后于产品创新导致的内部创新失衡以及由于宏观制度创新不足导致的外部金融生态环境劣化共同酝酿并催...

The Enlightenment of Suprime Mortgage Crisis and the Path Choice of Commercial Bank’s Financial Innovation——Explanation and Analysis from the Perspective of System

The subprime crisis triggered a global financial crisis under the action of a variety of factors.How to learn the lessons of the crisis and to follow the path of scientific innovation become an important strategic choice for China 's commercial banks to develop steadily.Based on the the ory of institutional economics,the paper argues that the fundamental reason of thesubprime mortgage crisis is that there is a structural imbalance in financial innovation.The internal innovation imbalance,resulting from comm...