CAJ | 학술논문

就东亚区域金融合作的既有制度安排而言，在复杂的国际政治环境中，由于主导制度框架的不足和可行操作路径的缺失，政府层面的制度培育面临较大障碍。纵观东亚区域金融合作的发展历程，通过市场层面的制度塑造，即区域内银行跨境经营、债券市场合作、证券市场合作等市场路径，加强跨境货币合作，促进跨境资本市场运作，可以实现对区域内金融资源的整合效用，其中尤以银行跨境经营的效用最为显著。在此区域上，区域内各经济体可以通过支付结算、资金融通、金融服务等银行跨境业务受益于区域金融市场的繁荣，从而促进区域金融合作。以市场层面的制度塑造弥补政府层面制度培育的不足，是提升东亚区域金融合作制度化水平的有效路径。
취동아구역금융합작적기유제도안배이언，재복잡적국제정치배경중，유우주도제도광가적불족화가행조작로경적결실，정부층면적제도배육면림교대장애。종관동아구역금융합작적발전역정，통과시장층면적제도소조，즉구역내은행과경경영、채권시장합작、증권시장합작등시장로경，가강과경화폐합작，촉진과경자본시장운작，가이실현대구역내금융자원적정합효용，기중우이은행과경경영적효용최위현저。재차구역상，구역내각경제체가이통과지부결산、자금융통、금융복무등은행과경업무수익우구역금융시장적번영，종이촉진구역금융합작。이시장층면적제도소조미보정부층면제도배육적불족，시제승동아구역금융합작제도화수평적유효로경。
As to the existing institutions of regional financial cooperation in East Asia, in the environment of complicated international relations, the defects of dominant institutional framework and the absence of practical operational path have been the great obstacles to inter -governmental cultivation of institutions. According to an overview of the history of regional financial cooperation in East Asia, it is through market integration, such as regional transnational banking activities, cooperation institutions shaped by inter- in bond markets and coopera- tion in stock markets that transnational monetary cooperation and transnational capital operation could be en- hanced. In this process, transnational bank business may play an outstanding role, thus regional integration of financial resources may be achieved. On this basis, with the help of transnational bank business such as pay- ments and settlements, accommodations of fund and financial services, East Asian economies may benefit from the prosperity in regional financial market, thus regional financial cooperation may be promoted. It is a practical path that defects in inter -governmental cultivation may be compensated by inter -market integration to enhance the institutionalization of regional financial cooperation in East Asia.