The Study On Development Trend And International Comparison On The System Of Deposit Reserves

The relation of financial market development and Deposit Reserves System is few concerned by economic circles. For a long time, economic circles only study D.R.S itself and its related reformations. In fact, there is a close relation in them, it must satisfies two exterior terms at least for D. R. S to make the valid functions in regulating monetary supply and even macroeconomics: The first one, money multipliers are should stable or predictable; The second one, money authorities can control the sources of commercial banks' Deposit Reserves validly and make them can t easy get. I In reality, it is impossible for money authorities to attain the two terms in internationalized or integration and high - developed financial market. One is the blemish of D.R.S itself; The other is the problems of exterior economical and financial environments, Including the unforeseen in finance opening process, the uncontrollable on commercial banks' behaviors, the complexity of finance variables.Since 1990, the Central Banks lowered or canceled required reserves rate in many western nations, such as the United States, Canada, Switzerland, New Zealand, the Australia, and zero reserves rate is becoming a kind of trend. This is means or not that Deposit Reserves, as a traditional monetary policy tools, will gradually withdraw the history stage? What is the economic and financial background to lower or cancel required reserves rate? Our country now attains the terms or not, and what reformations for such? The dissertation analyzes and studies problems above from different aspects, and predicts the developing trend of D.R.S, wishing to have an inspiration to authorities and marketable operations.The thesis is divided into five parts. Part one reviews the origins and developments of D.R.S, it is the theoretical basis of the whole thesis. Part two Compares D.R.S between China and Other Countries, analyzing D.R.S itself only. Part three analyzes exterior financial environments of D. R. S, to provide a new opinion. Part four elaborates the reformations and perfections of D.R.S, it is based on the front two parts. Part five tries to make some forecast about the developing trend of D. R. S, and brings forward some related suggestions.