后金融危机时期的金融创新策略与风险监管

金融创新与金融风险两者之间是一种相互促进、相互发展的关系。金融创新在为转移和分散金融风险做出了巨大贡献的同时也带来了新的风险。后金融危机时期我们不能停止金融创新的步伐,但一方面应注意处理好虚拟经济与实体经济的关系、处理好市场导向与加强监管的关系、处理好交易所市场与场外市场的关系;另一方面应通过实施有效的监管安排来防范和化解市场的宏观风险。

Financial Innovation and Risk Management in Post-Crisis Era

The relationship between financial innovation and financial risk is mutual promotion. Financial innovation has made a tremendous contribution to the transfer and dispersion of financial risks as well as brings new risks. We can not stop the pace of financial innovation in post-crisis era. But we should properly handle the relationship between virtual economy and real economy,between the market guidance and strengthened supervision,and also between the exchange market and OTC market. On the other hand,we sho...