论文部分内容阅读
本文研究在欧盟单一金融市场中有效发挥最后贷款人功能所面临的挑战。简要分析了欧盟金融业的一些特点,这些特点可能增加欧盟系统性金融风险;讨论了预防和解决金融问题的欧盟金融稳定构架的复杂性(最后贷款人的运作也包括在这个构架之中);论述了当系统性金融风波影响不止一个欧盟成员国时,如何实现最后贷款人功能。最后提出了提高现有构架效率所面临的挑战和可行的途径。
This article examines the challenges of effectively using the function of the lender of last resort in a single EU financial market. It briefly analyzes some of the features of the EU’s financial sector that may increase the systemic financial risk in the EU. It also discusses the complexity of the EU’s financial stability framework for preventing and resolving financial problems (the operation of the last lender is also included in this framework) Discusses how to achieve the function of the lender of last resort when the systemic financial turmoil affects more than one EU member state. Finally, the challenges and feasible ways to improve the efficiency of the existing framework are put forward.