全球资产膨胀资产评估业的挑战Global Asset Inflation and.pptVIP

全球资产膨胀与资产评估业的挑战Global Asset Inflation and Challenge for The Valuation Profession 殷剑峰 Yin Jianfeng 中国社科院金融所，所长助理 IFB of CASS, Assistant General Director 危机前的全球资产膨胀Global Asset Inflation Before Crisis 在这次全球危机前，主要经济体金融资产膨胀的速度远快于GDP增长率 Before the global crisis we are in, financial assets in major developed countries grows at a striking higher speed than the GDP growth. Financial Asset/GDP 金融发展越来越来脱离实体经济Financial Development Is Deviating from What Real Economy Really Needs 以美国为例，在各类金融工具（不含衍生品）中，为金融活动服务的比重不断上升，危机前已经达到了50％。 For instance, in total amount of financial products (excluding derivative