摘要
全球金融危机的爆发暴露了传统金融监管体系在风险识别、跨境协调及系统性风险管理方面的不足，促使各国重新审视并改革金融监管框架。本研究旨在探讨2008年全球金融危机后主要经济体金融监管体系的改革路径及其实际成效，通过比较分析方法，结合定量与定性数据，评估改革措施对金融市场稳定性、金融机构行为以及经济复苏的影响。研究发现，危机后以“宏观审慎监管”为核心理念的改革显著增强了金融系统的抗风险能力，同时巴塞尔协议Ⅲ的实施提高了资本充足率和流动性标准，有效降低了银行部门的脆弱性。然而，部分新兴市场国家因资源限制和制度差异，在落实国际标准时面临挑战，导致监管效果存在异质性。本研究的创新点在于从全球视角出发，构建了一个综合评价框架，将监管政策的适应性与执行效率纳入分析维度，并揭示了不同经济体在改革进程中的经验差异。研究表明，尽管改革取得了一定成效，但跨境监管协调仍需加强，特别是在金融科技快速发展背景下，如何平衡创新与风险成为未来监管的重要课题。这些结论为完善全球金融治理体系提供了理论支持与实践参考。
关键词：金融监管改革；宏观审慎监管；巴塞尔协议Ⅲ；跨境协调；金融科技风险
Abstract
The outbreak of the global financial crisis revealed deficiencies in the traditional financial regulatory system regarding risk identification, cross-border coordination, and systemic risk management, prompting countries to reevaluate and reform their financial regulatory fr ameworks. This study investigates the reform trajectories and practical outcomes of the financial regulatory systems in major economies following the 2008 global financial crisis, employing a comparative analysis approach that integrates quantitative and qualitative data to assess the impact of these reforms on financial market stability, financial institution behavior, and economic recovery. The findings indicate that post-crisis reforms centered on the concept of "macroprudential regulation" have significantly enhanced the risk-resilience capabilities of the financial system, while the implementation of Basel III has improved capital adequacy and liquidity standards, effectively reducing vulnerabilities in the banking sector. However, some emerging market economies face challenges in implementing international standards due to resource constraints and institutional differences, leading to heterogeneous regulatory effectiveness. The novelty of this study lies in its construction of a comprehensive evaluation fr amework from a global perspective, incorporating the adaptability and execution efficiency of regulatory policies into the analytical dimensions, and uncovering the experiential disparities among different economies during the reform process. The study concludes that although the reforms have achieved certain successes, cross-border regulatory coordination still requires strengthening, particularly in the context of rapidly developing fintech, where balancing innovation with risk management remains a critical issue for future regulation. These conclusions provide theoretical support and practical references for improving the global financial governance system.
Keywords：Financial Regulatory Reform; Macro-Prudential Supervision; Basel III; Cross-Border Coordination; Fintech Risk
目 录
摘要 I
Abstract II
一、绪论 1
(一) 全球金融危机后的监管改革背景 1
(二) 研究全球金融监管体系的意义 1
(三) 国内外研究现状与进展 1
(四) 本文研究方法与结构安排 2
二、金融危机后金融监管体系的主要改革 2
(一) 国际层面的监管框架调整 2
(二) 主要经济体的监管政策变革 3
(三) 监管技术与工具的创新应用 3
三、改革对金融稳定的影响分析 4
(一) 金融系统风险的缓解效果 4
(二) 跨境金融风险的防控能力提升 5
(三) 对金融机构行为的规范作用 5
四、金融监管改革的成效与挑战 6
(一) 改革实施后的实际成效评估 6
(二) 当前监管体系存在的主要问题 6
(三) 未来完善金融监管的方向与建议 7
结 论 8
参考文献 9
