WTO与农村信用社金融创新的制度约束及其对策探讨

中国加入WTO的短短几年后 ,国内银行业与外资银行短兵相接的竞争 ,使得国内银行业势必经历一个金融创新高潮。由于不同银行业的体制和业务特点不一 ,金融创新的主要问题也存在差异。产权、组织与风险等内部制度约束不力和管理体制、市场环境、监管理念与方式以及法律体系等外部环境制约是农村信用社金融创新的主要困难。加大产权制度改革、创新经营主体、转变经营机制、注重人才培养以及改善中央银行的监管和健全有关法律体系是农村信用社在金融创新框架下可持续发展的主要对策

WTO and financial innovation of rural credit cooperatives in China:institutional constraints and potential strategies

Since China's WTO entry the intense competition between domestic banks and foreign banks has triggered a great upsurge in financial innovation among domestic banks. The main issues in innovations vary with each individual bank due to the differences in their strategies and business patterns. The main obstacles to rural credit development are the ineffective internal institutional constraints such as unclear property right, imperfect organization system and functional shortage of risk management and the macro-environmental conditions such as vague administrative relations, blemished financial market, imperfect monitoring customs of central banks and legal systems. Potential policy adjustments of the financial innovation of rural credit within WTO framework should include reforming property right relations, innovating management entity, readjusting management mechanism, improving human capital, transforming the manner of central bank monitoring administration and strengthening the legislation.