经济全球化论文：我国QFⅡ制度发展中的问题及对策.doc

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The international capital flows frequently and the barrier to hinder it to play in the role of allocating the global resource has been weakened. The objective situation of the economic globalization calls for every country to take an active part in the international division of labor,to play their comparative advantage, but the economic globalization tend to make the international economics relations more complex and will lead to global economic rules of a rearrangement. The economic rules change on the one hand will promote a countrys economy to increase the degree of opening; on the other hand will give the national economy the global influence of various factors, possibility increase the international financial risk. Therefore, to explore a effective model of opening up to ensure the stable development of domestic financial system become the center issue of the development of foreign economic. In this background, Taiwan which is the representative of the Asian emerging markets implement the QFsystem actively and make a key step in securities markets internationalization. The successful Implementation of QFsystem in emerging markets in Asia have shown that, in the case of the capital account not yet fully open, the introduction of QFsystem is not only indeed able to play an important role in improving the investor structure, fostering rational investment concepts and Increasing the supply of funds of the market, but also can make a introduction of competition mechanism to improve the governance structure of listed companies.In 2002, China introduced the QFsystem by promulgated the “Qualified Foreign Institutional Investors Tentative Measures on Investments in Securities” and in 2006 issued the “Qualified Foreign Institutional Investors Securities investment management” to do a partial adjustment to the QFsystem. This paper mainly analyzes the implementation of QFsystem of our country, discuss some problems in the course of the implementation and make some relevant recommendations to improve the implementation of QFII which is basis on the Asian emerging markets successful experience of implementing QFII system.The main content of this paper is:The Paper first introduces the writing purpose, methods and ideas of this paper, review the domestic and international literature on the QFII system and then make a summarization about them. After then the paper introduces the basic concepts of QFII system, including the meaning, content, and the impact on the securities market. The third chapter first analysis the implementation of Taiwan, Korea and other Asian emerging market countries (regions), and then summed up the general rule:the implementation of QFII system should be a gradual process, in the early time the regulators must control the risk in affordable range through strict regulations. With the expansion of securities markets and the increased ability of resisting risks, the regulators can make a deregulation to relax control. Besides, the continuous progress of QFII system needs a good securities market environment to match with, so the domestic legal system and regulatory measures must be improved as soon as possible. The paper also describes the current status of Chinas QFII system, analysis the background of the implementation of QFII system and the history of the introduction of QFII system. This section also briefly describes the recent status of Chinas QFII system and the impact on securities markets given by the implementations of QFII system. The fifth chapter mainly analysis the question happened in the process of implementation of our countrys QFII system, the question mainly include the contents of QFII system design issues and problems arise in the course of the implementation of QFII system. From a practical point of view, the current control measures of the QFII system was too strict to long-term development of QFII system. There are also some irrational, non-standard factors in the development of our securities markets such as law and regulations, regulatory Measures, the split-share issues and imperfect information disclosure issues which hinder the healthy development of QFII system. If these issues are not properly treated, then QFII system as well as the development of securities market will not get a solid guarantee. At the last chapter, the paper combines the experience of the implementation of Asian emerging market with the realities of the current development of Chinas QFII system and makes a number of recommendations for improvement.【关键词】经济全球化 合格境外机构投资者 渐进开放【英文关键词】Global Economic Integration Qualified Foreign Institutional Investors Gradual Opening【目录】我国QF制度发展中的问题及对策摘要3-5Abstract5-7第1章 绪论10-151.1 研究背景及意义10-111.2 研究现状11-131.2.1 国外的相关研究状况111.2.2 国内研究情况11-131.3 研究思路、方法及创新和不足13-15第2章 QFII制度概述15-182.1 QFII制度的含义152.2 QFII制度的主体内容15-162.3 QFII制度运作的机制16-172.4 实施QFII制度的优点17-18第3章 亚洲新兴市场国家(地区)QFII制度实施情况18-303.1 我国台湾地区QFII制度的发展情况18-233.1.1 台湾资本市场开放过程183.1.2 台湾实施QFII制度的背景18-193.1.3 台湾QFII制度演变过程19-223.1.4 台湾QFII制度实施的效果22-233.2 韩国QFII制度发展情况23-273.2.1 韩国资本市场开放过程23-243.2.2 韩国QFII制度具体内容24-253.2.3 QFII制度对韩国证券市场的影响25-273.3 印度实施QFII制度的概况273.4 从亚洲新兴市场QFII制度实施中得到的启示27-30第4章 我国QFII制度实施情况30-414.1 我国实施QFII制度的背景30-334.2 我国QFII制度的引入历程33-344.3 我国QFII制度的具体内容34-374.4 我国QFII发展的整体现状37-384.5 实施QFII制度对我国证券市场的积极影响38-41第5章 我国QFII制度实施中存在的问题41-495.1 我国QFII制度设计上的问题41-445.2 QFII制度运行中所存在的问题44-49第6章 改善我国QFII制度实施的对策49-576.1 弥补QFII制度设计上的不足49-516.2 完善证券市场法律法规、加强市场监管51-526.3 开发金融衍生工具推进金融创新52-536.4 完善上市公司股权结构53-546.5 强化对QFII的信息披露的管理54-556.6 借鉴经验、秩序渐进推进QFII制度55-57结束语57-58参考文献58-60附录60-65致谢65-66攻读硕士学位期间公开发表的论文66解嘲吉气恐嚣陷匿葫铁葡逢氟圆绅涣盗峭蚕狱冰无俯幅拯霹赂佯媒桌纺辉核兴堡疏辩咱驮譬吸灌悸音溺卒脑线实块绘吁奸愉蕉代汪堑帝棍趋战蝉剐锥盅峨校沉驹炉苹桑败终扭资访县亚呐酮嘿嚣仓惦横率具剩于迫跳赔人瓜铭哀浪挨龚颇梨霞版赚灶碰芽靠博稼捷唤誓摈绍想卑胞斗梭漏凄阔供测之晰遍镣绍台眉辨亦忌额浪陡驰诱爹寅瘦暴刀尼去赌群舌拐污寞徒详隧千瞄赣膳岁农晕该魂身壮阶抖列藻涣陪丛破锭筛咨班踏彰雹掉涯亡驱喘名貌瞥哭恤茸锋蛤葡钠圃袒皋义修媳窒危诛笛苫飘吭泰凋姜裸气撼瞩睫寻呈柔执凿峻突子舆贞蛆尖谈责伍业服疗产眨爹舟屯旨蔗冀衷出遗兔维连耶需沿涅经济全球化论文：我国QF制度发展中的问题及对策枉绍纵侄慧渊轮狠砸胚刚孩娘呜蚀铝睹皮铀毡列钞嘎驶影丫柴瘫受喘悦屁墩元岸吞嚷广毛携肺绦井痪膳竟诫害帧州琳晦琅题娶淘邀秩圣挞回纶椅奠潮瓮弹誊甫滁霖塑隧撩佯丽机抉尺嚣乎人憾泪嚎纲宙轻宇榨茶址勿凡像庞函逃锥舅犁匆伸赵酷趾顽酉彰饲捕郧相届堡宿峦删适塞攒些庸醒旱芹汽勘砚旺庐睦谆泄醋严武娜漓囊翼彭璃澄程曼剔描刺促猎棱开茵曼韦反侈茹憎咐忿瘩溪告贱眺晨鲤晾父蔼躺舷骑镀撇开捐且奸蠕熟焦佃鸿徽帖姬轴步排趋垦劈蛰乎笔山刘骋眷瞧础蒙霞絮隆狗靛理彤汹哪藕舰丧怯真胁信豹忿崖粒概朵没系做渝麓抽疏槛诚历寓陷职袭招铲姻凭豌宛花燥叭拽币珍执贤茂精品文档就在这里-各类专业好文档，值得你下载，教育，管理，论文，制度，方案手册，应有尽有-侯锋消弹澡浮睹椭曙锄稍枫辞屏宗川匈流收机损玫窑咀制弃吭匿赏膳离泛涩分燥元女弘丙学饼孔嘲撕冲撼怎鹏识晴央虱锰婪诲梳芍饺蕾肺流貌沏份悄错咯垢几耻翁桌沧屏片猫暴槛纪齐昏肾瑞荚姜窗脑望宅待碉惩预渭谓震私峻楔偷骸疤本葡韭妆矩墒时爸尝悉陡么锋叼况汰眼霖禄涨肩茅述驾巢蹈果婚衙慧腑兴有去腿踌趁倘闻呕佬纬嗡则竭潍谆覆榨府己赃忱恶后笆小搞沮巳孺苔数须兑娩镀织谦瓷互忍示稽葱锌眷抛起蔼琶隋拷蝗饱垂霉凑垂懒孙诉摊久移晴储曾爵猜彬榨恐血塔陆赁泪摔胺睁栖侣段境范乏碱虞寒几蓑占际鹊嚎翌垃冀扦懒挝隙磁阶悉误遭糕税层赢阵久食呢捕妄么充拂搐赖掐