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The Study Of Efficiency Of Bank Supervision On The Condition Of Open Economy

Posted on:2005-07-12Degree:MasterType:Thesis
Country:ChinaCandidate:C H LuoFull Text:PDF
GTID:2156360122495168Subject:Political economy
Abstract/Summary:PDF Full Text Request
Since 20-year reform and opening, especially the Central Bankindependently having been exercising bank supervision , we have madegreat progress. From mixed supervision to divided supervision , frompure rule-auditor supervision to cautious supervision which regardsavoiding the financial risk as the core ,all of these scribes that banksupervision is heading for the scientific, legal ,normal orbit gradually.According to the WTO signed relevant agreement, our country willopen the financial industry completely in 2007. The financial industrywill face the larger impact with challenge, requesting the bank to takecharge of efficiently moving with the heavy responsibility of theinternational competition ability, so as to promote financial systemreformation with the development of the national economy in China. Theefficiency of bank supervision shows the independence increasingly.That reflects the functions and abilities of the bank supervision at thecurrent supervision target. In a few past years, there are manydiscussions on the functions of bank supervision in the economic andfinancial theories field in China, and some of them have reachedcommon sense. However, we lack of systematical and thorough researchon the efficiency theories and the positive analyses of bank supervisionin the whole .In other words, the efficiency of bank supervision couldnot be regarded as a unique object to study attentively. And a set ofvaluation system that practices efficiently is not formed. In order to begood for drafting supervision policies and realizing the supervision aim,it is very important to regard the efficiency of bank supervision as aunique object to deeply analyze, devise the valuation system ofsupervision efficiency, and evaluate the supervision practice. Therefore,beginning with the general analyses of the efficiency of bank supervision,this paper sums up the main factors that influence supervision efficiency,namely the economic financial environment, macroscopic economiccondition, the independence of the supervision organization, the supervision mechanism, the construction of property rights of bank and interior management mechanism , non-economic factors and so on. The writer makes an attempt to divide the bank supervision function into four parts such as the incentive abilities, the abilities of support the economy growth, the security abilities and limitation abilities. The corresponding valuation systems are also devised. According toi these factors and valuation systems, the writer makes positive analyses of bank supervision efficiency and makes a conclusion that the level of efficiency of bank supervision is middle in China in the past 20 years. Furthermore, a series of revelation is obtained in contrast with the efficiency of bank supervision in the United States, Japan and Hong Kong. Finally, the paper puts forward some corresponding countermeasures from four aspects such as re-designing of the supervision mechanism, cultivating the micro-base of supervision, informing market restriction mechanism, and consummating the systematic bank supervision systems.
Keywords/Search Tags:open economy, bank supervision, efficiency
PDF Full Text Request
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