Asymmetrical information,Economy Transition and Institution Innovation

Abstract

银行不良债权是中日两国面临的共同问题。在分析中日不良债权现状的基础上,从微观经济学和制度经济学视角对两国不良债权的成因进行了比较分析,并结合中国国情,得出解决这一问题的关键是消除形成金融不良资良的制度性根源。最后提出化解中国不良债权的几点针对性措施。Non-performing bonds are the common issue for two countries.Based on the analysis of non-performing bonds in China and Japan,the paper has a comparative analysis on its roots,and points out that the solution is to deal with the institution problem.The paper concluded with some suggestion to such issue

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