各国利率市场化的经验表明,通过市场化利率配置资金,能够突破金融抑制、提升金融运行效率、改善投资质量和产出水平。据国际货币基金组织和世界银行研究报告的统计表明,16个实施了利率自由化的发展中国家,有14个国家的实际利率上升,下降的只有2个国家,实际利率为正对于一国经济发展具有明显的促进作用。正的实际利率对经济增长的主要贡献,不仅仅因为能增加储蓄,从而可投资数量增加,更主要的在于改进了投资质 The experience of marketization of interest rates in various countries shows that allocating funds through market-oriented interest rates can break through financial repression, improve the efficiency of financial operations, and improve investment quality and output levels. According to statistics from IMF and World Bank studies, the real interest rates of 14 developing countries that have implemented interest rate liberalization in 14 countries have risen to only 2 in real terms. The real interest rate is positive for the economy of one country Development has a clear role in promoting. The positive contribution of real interest rates to economic growth is not only due to increased savings but to increased investment, more importantly to improved investment quality