影子银行体系的脆弱性、监管改革及对我国的启示

影子银行体系的超常规发展和信用扩张,是全球金融危机爆发的重要原因之一。本文对影子银行体系的内涵、运作特点和崩溃原因开展研究,分析危机后西方主要国家的金融监管改革举措,并结合中国影子银行体系的现状,提出有助于我国金融体系发展的启示与建议。

Shadow Banking:Vulnerabilities,Regulatory Reform and Implication

Extraordinary development and credit expansion of the shadow banking system has led to the global financial crisis.This paper analyses its definition,credit intermediation process and vulnerabilities,then summarizes the financial regulation in the US and Europe.Additionally,the paper carries out a study on the current situation of the shadow banking system in China and gives some valuable implications.