外国利率市场化对我国利率改革的启示和借鉴（The Enlightenment of foreign interest rate liberalization to Chinas interest rate reform）.docVIP

外国利率市场化对我国利率改革的启示和借鉴（The Enlightenment of foreign interest rate liberalization to Chinas interest rate reform） The Enlightenment of foreign interest rate liberalization to Chinas interest rate reform Marketization of interest rate in China is inevitable. A comparative analysis of the western developed countries and some developing countries and the reform of interest rate policy, obtained a general rule under the condition of market economy, the interest rate reform should follow the specific reform measures of Japan interest rate market focus, expounded Chinas market-oriented interest rate reform should be paid attention to in the implementation of specific issues. Keywords interest rate; interest rate marketization; financial innovation; The implementation process and general rules of interest rate liberalization in 1 countries 1.1, the interest rate liberalization process in various countries In the past 30 years, interest rate market has become a very important economic policy adopted by many countries all over the world. From developed countries, Asias newly industrialized countries to some developing countries, the interest rate market tide has been surging. Although the situation in different countries is not the same, the timing, methods and results of the chosen reform are different, but we can still derive some basic rules from them. 1.2, the general law of interest rate marketization (1) the country with good macroeconomic situation has a relatively smooth transition after the liberalization of interest rates, with little impact on the domestic economy and a high probability of success. When the macroeconomic situation is stable, the interest rate reform can be carried out, and the policy makers can change the government regulation system which is not suitable for the economic development initiatively, and the reform will be successful easily. In the macroeconomic instability, due to the new regulatory instruments have not yet formed, interest rates fluct