CAJ | 학술논문

本文探讨了在实行固定或钉住汇率制度条件下,面对商业银行清偿能力危机时,政府是否应该救助的问题。经研究发现：在外汇储备充足时,当商业银行的不良资产较多,或该国的信贷市场处于不断发展与扩张的阶段,政府应该救助;在外汇储备不充足时,当该国的信贷市场处于不断发展与扩张的阶段,政府应该救助;当商业银行的不良资产较多时,政府是否救助视该国具体情况而定;当该国外债规模较大时,政府不应该提供救助。
본문탐토료재실행고정혹정주회솔제도조건하,면대상업은행청상능력위궤시,정부시부응해구조적문제。경연구발현：재외회저비충족시,당상업은행적불량자산교다,혹해국적신대시장처우불단발전여확장적계단,정부응해구조;재외회저비불충족시,당해국적신대시장처우불단발전여확장적계단,정부응해구조;당상업은행적불량자산교다시,정부시부구조시해국구체정황이정;당해국외채규모교대시,정부불응해제공구조。
The paper discusses government policy whether to recapitalize bank crisis for an opening and practicing of fixed exchange rate or peggy exchange rate.It is found that with either sufficient or insuffient foreign exchange reserves,the government should recapitalize the banks even if with large bad assets when the credit market is developing and expanding.But with large bad assets in the bank,the government decision varies on conditions.The government will not recapitalize the bank with a large foreign debt in this case.