Empirical Analysis Of Banking Crisis And Revelation On Financial Industry Of China

Bank is a special financial enterprise, whose stability is related to the sustainable development of the entire national economy, and the development history of banking is deeply impacted by banking crisis. Although O.Conner began to study the banking crisis as early as 1938, the international academic industry still hadn't paid much attention on the systemic study of banking crisis by 1980s.After the 1980s, banking crisis subsequently took place in Europe and the United States, Japan and other developed countries, as well as Asian Region. And it broke out more frequently in developing countries, especially in the emerging market countries. With the frequent outbreak of banking crisis in 1980s, on which theoretical industry gradually paid more and more attention. Based on the international theoretical research of banking crisis, this thesis found that the fundamental reason of banking crisis is because great instability of the banks themselves, coupled with the flows of international capital, interest rates and other factors, has high infectivity and destructibility in the opening financial environment. Nationwide systemic banking crisis haven't yet occurred in China before, the main reason is that China's bank system was being in a transition to market economic system, and financial environment hasn't been fully liberalized, on which the government behavior played a significant stabilizing role, but as the speed of China's opening to outside world is being accentuated, China's banking industry is submerging into the worldwide environment of economy and finance. The potential risks and banking crisis have been appeared, which we couldn't ignore.As China's academic industry's concern and research to banking crisis lacks intensity obviously, domestic scholars'research on the issue of banking crisis only developed in recent years, but in general, the number of literature about researching banking risk is more than that about banking crisis, and the number of literature on qualitative is more than that on quantitative analysis. Based on the systemic analysis to international research results of banking crisis, and depended on empirical analysis and classified research to the cases that the affection of crisis theory to superpower, developed countries and developing countries, this paper dissects the factors and causes of banking crisis. Meanwhile, with the actual circumstance of China, this paper also tracks the potential instability and the causes, providing systemic suggestions which can prevent and manage banking crisis through accentuating the monitoring of financial entity, strengthening the institutionalized construct of financial industry and improving related legal system. Hoping it's useful for our academic industry's research to banking crisis under the theoretical and empirical aspects.