China's Banking Regulatory System Efficiency Analysis And Its Construction

The theory of banking supervision is one field that develops rapidly, although it came in not a long time ago. The former leads the deficiency of the basic theory in the field, the latter encourages unordered of banking supervision in practice. As the entities of two respects, the banking supervision system would show the compound defect .The present international banking has inherent fragile and infective, which reflects from the financial crisis in Latin America and East Asia. How strengthen the immunity of our country banking? The author chooses to restructure new-type banking supervision system with numerous thoughts.As the most important thing in banking supervision, supervision idea was neglected easily by numerous documents in this field, they focus on concrete ways and short run measures for banking supervision, the current situation impels author to make appropriate supervision idea as primary prerequisite. At the beginning ,the author orientates accurately for banking supervision idea from two angles of vertical and horizon .Vertically, the author thinks that the development of supervision idea has experienced three stages: emphasizing efficiency â†'emphasizing safetyâ†'emphasizing the balance between efficiency and safety , the balance between efficiency and safety in high position ,which is author's view ,run through the paper as the main clue .Horizontally, the author points that four systems trend blend under the balanced goal between efficiency and safety in high position, the analysis supports the rationality of orientation for the banking supervision idea.Then , this paper analyses the current situation ,problems and the loss of efficiency about our country's banking supervision system from macro aspect, it draws several conclusions such as supervision idea's lag,separation between supervision practice and supervision request,misplacement of internal control. The article has described the loss of efficiency produced by the above problems from two aspects (economy and society), which aims at proving that the strong reconstruction reason exists in the present banking supervision system of our country.As a supplement, the paper makes benefit--cost analysis on the central bank's supervision behavior----the micro subject of banking supervision. Both realistic balanced supervision intensity and theoretical balanced supervision intensity are the comprehensive conception in the model that reflects the central bank's supervision behavior , the relationship of the two could be discussed from three kinds of situations, the text emphasizes on the first situation : realistic balanced supervision intensity stronger than theoretical balanced supervision intensity .through constructing cost and revenue function ,the author proposes three paths to make the two approach : reducing the supervision cost ,raising the supervision revenue ,weakening the excessive intervention of Central Bank pursuing one's own interests. The formulation of these ways relies on the structuring of the new-type banking supervision system.The innovation of the paper embodies in the fourth sector , the author structures the four as one banking supervision system based on game theory from theoretical basis,basic idea ,and operating mechanism ,and points out that four participants should choose each supervision tactics through uncertain selection in each supervision field under obeying certain probability. In order to make the supervision system reflects the effectiveness and perspective, the author has put forward some reform advice in the fifth sector.