中文摘要：

梳理分析鄂尔多斯、神木等地区的信贷风波发展情况,在金融抑制理论指导下,由表及里剖析具体案例,最终判定我国区域性信贷风波频发的根本原因在于金融抑制而非金融过度。基于此,立足金融有序发展的原则,提出以下政策建议：明确政府与市场关系,推动利率有序市场化,发展体制外金融机构,加快社会征信体系建立,完善监管法规与执行。

英文摘要：

After combing and analyzing the conditions of credit turmoil in such different regions as Ordos, Shenmu Coun- ty, guided by theories of financial repression, the paper dissects some specific cases from the outside to the inside, and asserts that the essential causes for frequent regional credit turmoil are not financial excess but financial repression. Hence, policy suggestions are made from various aspects such as defining relationship between government and market, promoting interest rate liberalization in orderly mode, developing financial institutions outside the system, accelerating establishment of social credit reference system, consummating supervision laws and enforcement.