Then , contrast the m & a of our countries to the m & a appearing in western developed countries and the m & a appearing in eme countries . and then drawing the conclusion of the differences , revising existing results concept on this foundation , modifying the concept and the model 然后,分别对比我国与西方发达国家、新兴市场经济国家的银行并购重组,总结我国银行并购重组的特殊性,在此基础上对现有的绩效概念进行扩充,提出适合评价我国银行并购绩效的理论方法和模型。
Government financing system is why the enterprise bond market had lagged and been restrained . referring to the experiences of the corporate bond market in the developed countries and the burgeoning market economy counties , the paper considers that it cannot be avoided to develop our enterprise bond market 第四部分借鉴国际上发达国家和新兴市场经济国家中公司债券市场发展的经验和教训，对比我国当前的融资状况，文章认为发展我国企业债券市场是无法绕过的一道槛。
However , the complicated international - trade circumstance makes it very difficult to control the payment risks of export , and at the same time because of their own defects , the traditional trade finance products cannot satisfy the exporters ’ needs . therefore , it has a high demand for the newer and better trade finance products and forfaiting is just a suitable one as a kind of bill discounted without recourse . after entering into wto takes the opportunities and challenges to the chinese banks , and the foreign banks will try to occupy the chinese markets by their rich management experiences , high - quality services and various fianc products 一、本文的研究目的和意义随着商业银行客户群日益多样化的发展和不断涌现的国际贸易新形式,传统的打包贷款、出口押汇等业务品种,已远不能满足我国企业日趋丰富的融资需求,本文通过对福费廷业务的特点、风险状况、市场前景的分析,力图找到一条适合我国商业银行开展福费廷业务的新路子、新思维,同时也希望能为我国这样一个新兴市场经济国家在解决出口融资方面提出一个值得大力发展的途径,有利于促进我国出口贸易及我国商业银行国际业务的大发展。
Based on above mentioned , this thesis employs the economics theory , economics theory of finance , management theory and the methods of accounting , econometrics and statistics to deeply study the advantages or disadvantages of integrative management , conditions and other related core question of china . firstly , on the basis of using for the reference of research productions , the thesis summarizes the concepts of integrative management and separated management of commercial bank , some other important concepts are mentioned too 本文以从事混业经营的国家和金融机构、发展中国家和新兴市场经济国家、中国的金融体制和中国的商业银行为研究对象，采用相关的经济学理论、金融学理论、管理学理论以及会计学、计量经济学和统计学方法，对混业经营优劣、条件和中国实施混业经营的相关问题进行了深入研究。
Referring to monetary policy transmission mechanism in industrial countries , and analyzing the shift of monetary policy transmission mechanism in emerging market economies , we can explore monetary policy transmission mechanism in china now and the possible development in the future , which can guide the monetary policy practice in china 参考工业化国家货币政策传导机制，分析新兴市场经济国家货币政策传导机制发生的深刻转变，探索我国当前的货币政策传导机制及将来可能发生的变化，对指导我国的货币政策实践具有重要意义。
It is the result of the production and trade globalization . the multinational companies ( mncs ) only start their international r & d activities after they have globalized their trade , investment and production . the r & d globalization has very important influences to the host countries , especially to the developing countries 随着经济全球化的深入发展,跨国公司r & d全球化不再局限于发达国家间的r & d投资,而是呈现出更加分散化的趋势,对发展中国家的r & d投资力度逐年增加,并将一些新兴市场经济国家纳入到全球r & d体系中来。
From the point of view of the macro - economy , china ' s current economy can be characteristized as the new market economy in the transitional period , which means our economy is still in the process of the transition from the planed - economy to the market economy , with our national economy development , the perfection of the legislations , and the education of the public lagging far behind the mature market 从宏观角度来说，我国当前的经济发展阶段可以总结为转轨的新兴市场经济。转轨指我国尚处于计划经济向市场经济转轨中，新兴市场指我国在经济的发达，法制的健全和公民的教育程度诸多方面都和成熟市场有相当的差距，但却拥有成熟国家所不具备的经济高速发展的前景。
First - generation monetary crisis theories emphasize the key role of actual economic factors in contributing to crises while second - generation theories lay mole stress on the randomness and uncertainty of financial crises ; the theories based on financial intermediaries explain the specific mechanism for the occurrence and evolution of banking crises ; financial crises in emerging market economies have to do with their initial conditions for development and chosen institutional paths of reform and evolution ; the international contagion of financial crises cannot be ignored against the background of financial market globalization 第一代货币危机理论强调实际经济因素导致危机出现的关键作用，而第二代货币危机理论更注重危机的随机性以及不确定性；基于金融中介的危机理论解释了银行业危机生发、演化的具体机理；新兴市场经济国家的金融危机具有与发展的初始条件和选择的制度改革与演化路径有关的特定原因；金融市场全球化背景下的金融危机具有不容忽略的国际传递性。
A var model is used to study the effects of monetary shocks in the united states , the united kingdom , japan and korea , and to compare their monetary policy transmission mechanism . the results suggest that in developed market economy countries , monetary policy is mainly transmitted by price ( interest rate ) channel ; while in emerging market economies , the transmission mechanism is uncertain in the transformation process from quantity channel to price channel 运用矢量自回归( var )分析方法，对英国、美国、日本和韩国等国货币政策传导途径进行了比较分析，认为在成熟的市场经济国家，货币政策主要通过价格(利率)途径传导，而在新兴市场经济国家，货币政策传导机制处于从数量渠道向价格渠道转型过程中，具有较大的不确定性。
There are two types about the m & a of banking , the one type : it ’ s motives are profit - max , europe and america are the typist countries ; the other type , it ’ s motives are dealing financial crisis , keeping the risk away , the emerging market economy ( eme ) country ’ s as the representative predominant by government 欧美国家的银行并购重组以利润最大化为目标,而新兴市场经济国家银行并购重组以化解金融危机、维持金融稳定为目标,因而银行并购作为政府维持金融稳定,推进银行业改革的手段,改革过程中必然受政府控制、由政府主导。
