The Conditions Of Globalization, China's Fiscal Reserve System Research

From the beginning of 21th century, the economy globalization has developed dramatically driving by the knowledge wave in the after_ industrialization_times. Accompanied by economy and finance globalization, the uncertainty of the market is always keeping accumulation,expanding and radiation by the new ways and more secret mechanism, and at the end, all these resulted in the finance crisis of 2008 in the world. Now many countries were doing something such as the reform of configuration and the innovation of the system in order to prevent,lighten and avoid the uncertainty of the social produce bring the loss to the welfare of the nation in the long time.As the product of the uncertainty of the social produce and the important devise of lighten the shock of the finance crisis, the financial fund in support plays the great role in dealing with the influence of the worldwide finance crisis. Those countries having finance fund in support have more powers to cope with the financial crisis than Compared with those countries having finance fund in support than those countries having no reserving fund. The national finance reserve system draws many attentions during after-crisis times. In such circumstances, the topic of research on the financial reserve fund system in the times of economy globalization in China.I tried to analyze the literatures about financial reserve fund system all over the world. On the basis of analysis of success and failure of the financial reserve system in different historical time, suggest the basic frame of finance reserve system improved in our country during the time of economy globalization in order to benefit the reforming of finance management system in current time. Firstly, I focused on the integrated analysis of literature on the financial reserve system, not only focus on the research result of theory, but also on the report of the practice especially the rule and the success and failure analysis. And then I suggest the definition of the finance reserve system. Secondly, because of the uncertainty of production in the circumstances of economy globalization, I discussed the government activities and how to make the government more reasonable. Suppose that the public and reasonable government pursue the maximum welfare of the people all over the country, try to apply the consumption theory in order to find out the way to the maximum welfare of the nation in the long term. Thirdly, in the frame of government's forecast-programming-budget and MTBF system, try to analyze the finance reserve fund's forming, function and the role of keeping the budget stable and balance in the metaphase. And then, systematically analyze some countries'finance reserve theories and some rules and experience in the practice, in order to get some points to help China set up finance reserve system. I also review the different conditions and experience of the finance reserve system in the feudalism society, planning economy and socialism market economy. At the same time, I also did some very important research on the rules and standards of the central budget stabilization fund and point out some important issues of setting up our country's finance reserve system. At the end of the article, I suggest the whole picture of finance reserve system being setting up in china in the conditions of economy globalization including the nature, conditions, management standards of the finance reserve system and the functions of financial and monetary policies when the economy going to the globalization. And then I suggested the specific design, functions of the finance reserve system and the program of improving the finance reserve system. The new points and ideas of the article exist in the following items:1. Suggest the relativity of the functions of the finance reserve system in the circumstance of economy globalization. Under the socialism market economy system, the most important is to elevate the inner stabilization of the national economy in order to keep the solidity of the budget system in a long term.2. Suggest to reset our country's financial and monetary policies and at the same time keep the financial reserve system the core of policies. That is the finance reserve system embody the functions of the financial and monetary policies.3. Suggest the frame of finance reserve system in China. At the same time to design the specific program to realize the finance reserve in China.4. Suggest to manage the foreign currencies fund centralized. The finance reserve fund is one part of the foreign currency fund. 5. Suggest that the system of financial reserve should include finance reserve fund system and the general reserve and finance revolving fund.The main points of the article exist in the following contents. I want to indicate that the most urgent tasks that our country should finish during the time of the social and economy transferring. (1) Make research of the theories and practices of financial reserve fund system in different countries deeply. Search the theory base of the financial reserve fund system. Identify the current economic and social conditions on which the financial reserve system can exist and its specific forms and functions. Suggest the definition of the financial reserve fund system. (2) Indicate that the financial system is uncertain instead of the certain financial system thought by the people before. In order to cope with the uncertainties, redesign our country's forecast system from the plan,program and budget. Set up our country's strategic budget system.The difficulties are the following items. (1) forming the research outline based on the analysis and research on the finance reserve system documents (2) the designing and creating of our country's finance reserve system in the circumstance of economy globalization. (3)The inner finance and monetary policy system to keep the market economy stabilized. The shortage of the article rest with that there are some systems such as the local reserve fund and the foreign reserve fund not designed and researched deeply. The design of the systems is not detailed enough.