论文部分内容阅读
健全我国的多层次资本市场体系,需要借鉴国际经验建立一套完整的量化评估体系,科学地衡量目前我国资本市场的发展程度。本文借鉴了世界银行和国际证监会组织的评估框架,通过市场深度、广度、效率、稳定性和监管有效性五个维度对我国资本市场的现状进行了“量化体检”。我国资本市场由于发展时间较短,且建立于经济体制转型的大背景下,面临着
To perfect our country’s multi-level capital market system, we need to build on international experience to establish a complete set of quantitative assessment system to scientifically measure the current development of China’s capital market. This paper draws on the evaluation framework of the World Bank and the International Securities Regulatory Commission, and makes a “quantitative examination” on the status quo of China’s capital market through five dimensions: market depth, breadth, efficiency, stability and regulatory effectiveness. Due to the short development period and the establishment of the capital market in the background of economic restructuring, China’s capital market is facing