本文从我国金融资源配置中的漏损效应出发,讨论了我国低水平法治下的金融市场资源配置状况以及与经济增长的关系。得出的结论是目前通过加强法治不一定对提高金融资源配置效率起显著作用,从而有效促进经济增长,相反在某种程度上对经济发展可能形成负面影响。只有在其他相关制度安排完善的情况下,法治才能起到良性的作用。由此提出了金融体制渐进性改革的序列。 Based on the leakage effect in the allocation of financial resources in our country, this paper discusses the financial resources allocation under the rule of law and its relationship with economic growth. The conclusion drawn is that at present, strengthening the rule of law does not necessarily play a significant role in improving the efficiency of the allocation of financial resources so as to effectively promote economic growth. On the contrary, it may, to a certain extent, have a negative impact on economic development. The rule of law can only play a positive role only if other relevant institutional arrangements are well established. This presents a sequence of gradual reforms of the financial system.