不良资产和日本经济的结构改革

近年来日本银行不良资产形成的原因 ,一方面是日本银行业经营方式陈旧 ,没有完整履行作为金融中介机构应有的职能 ,政府管制太多 ,缺乏银行业内部和外部竞争造成的 ,另一方面是作为银行贷款对象的产业部门在产业结构调整过程中 ,由于不恰当的经济政策所造成社会资源流动不畅和配置不合理 ,劳动生产率增长缓慢造成的。不良资产既是日本经济长期不安和低迷的重要原因 ,同时也是政府管制太多和民间部门缺乏竞争活力的经济结构问题的反映。对于日本经济的再生 ,银行不良资产的解决和经济结构改革二者缺一不可

Insolvent Assets and Structure Reform of Japanese Economy

The reasons why the insolvent assets came into being in Japanese banking system are: 1) Japanese banks have been operating in outmoded conventions and customs with too many governmental regulations and without sufficient competition, as well as their neglecting to perform complete functions as financial intermediaries; 2) the industrial sectors as debtors have been affected by improper economic policies, which led to wrong resources allocation and slow growth of productivity. Insolvent assets are not only an important reason for the long term uncertainty and slowness of Japanese economy, but also reflects the detrimental outcome resulting from redundant governmental regulations and lacking sufficient competition. Solution to insolvent assets and economic policy reform are two requisites for the regeneration of Japanese economy.