Virtual And Real Economy

Finance is the core of modem economy. The study of relation between finance and entity economy is the important topic paying close attention to by the government in every country. For China in the phase of economy system change, how to grasp the relation between finance and entity economy and build the modern finance system compliant with the development of entity economy, is very important for the success and fail of finance system reform and entire economy system reform.Since 1950s, the study of relation between finance development and entity economy has begun, the relativity and dependence on each other of finance development and economy growth, has been investigated extensively. But the study of theory about it is very poor, many realistic questions in the phase of economy development has not been investigated deeply, such as how to deal with and grasp the relation between finance development and entity economy development for utmost stimulating economy growth? How to grasp the "measure" of finance development, which will not occur not only "finance repress" to stunt entity economy development, but also "finance anticipatory development" to issue economy bubble or bubble economy and financial crisis. This thesis will study the theory of the relation and rule between financial and entity economy from quantity, structure and conductive system etc., and analyze the "measure" of finance development and entity economy development, and initiate reference of decision-making for financial system reform now.This thesis is composed by three part divided by seven paragraphs. The first part is the summary of philology and research design including the first paragraph. The second part is academic study including the second paragraph, the third paragraph and the fourth paragraph. The third part is fact analysis and policy recommendation including the fifth paragraph, the sixth paragraph and the seventh paragraph. The main content and conclusion is as followings:The first paragraph is "introduction", which defines the fictitious economy, entity economy and bubble economy, generalizes and analyzes the finance development theory, and initiates the study emphasis and decides the entire design and program of this thesis.The second paragraph is "the gross relation between fictitious ", which study the relation of gross capital and scale between fictitious economy and entity economy under the open condition and close condition. The conclusion is that there is best scale in the gross relation between fictitious economy and entity economy, and only in the condition of the best scale being achieved, the economy can rise most quickly.The third paragraph is "the change of fictitious economy structure and upgrade of entity economy structure", which study the change system of fictitious economy under the condition of entity economy structure not changing, and the function system of the change of fictitiouseconomy structure and upgrade of entity economy structure. The conclusion is that economy can rise most quickly only under the condition of achieving the balance development between the change of fictitious economy structure and upgrade of entity economy structure.The fourth paragraph is "the conductive system between fictitious economy and entity economy", which proves the relation among fictitious economy, consumption, investment and national income, establishes the new expression of national economy identity, and reveals the conductive system between fictitious economy and entity economy.The fifth paragraph is "fictitious economy and bubble economy", which study the diagnoses, cause and the "measure" of bubble economy from the relation between fictitious economy and entity economy.The sixth paragraph is "the positive analysis of the relation between fictitious economy and entity economy", which analyzes positively the capital relation, the scale relation and the structure relation of the selected representative countries in order to prove the conclusion of the part of the theory.The seventh paragraph i...