Study on Relations between Financial Innovation and Financial Regulation
Since 1980s, the financial industry has been driven to huge prosperity and rapid development by fmancial innovation. And financial innovation has been promoting the entire financial operation system adjustment and evolution. However, innovation is a double-edged sword. Its negative influence is to make the entire financial industry and national economy facing huge financial risk. Based on the analysis of the positive effects and negative effects which are produced by financial innovation, this paper puts forward the dynamic balance mechanism between financial innovation and financial regulation, to prevent excessive or insufficient financial innovation caused by insufficient or excessive financial regulation.
financial innovation financial regulation financial risk the real economy
XU Xiangdong ZHANG Tingting
School of Economics, Huazhong University of Sience and Technology, P.R.China
国际会议
2011 泉州技术管理研讨会(Quanzhou Conference on Management of Technology MOT2011)
福建泉州
英文
149-152
2011-04-16（万方平台首次上网日期，不代表论文的发表时间）