An Research On The Leagal Principals Of Government Supervision In Informal Financing

Informal financing plays an indispensable role in promoting economic development. But in pace with the broaden of participants and financing scale, it brings a great number of financial risks in economic activities. In the past a few years, both jurisprudential and economic study paid highly attention to informal financing,but the studies are concentrated on the reason why it exists, the infection it brings and the validity of it. On account of the large numbers of problems in the evolution of informal financing, the jurisprudential research production are mostly about enumeration the deficiencies in supervisory system, and framework countermeasures. The borcard of government supervision and material implementation method are insufficient. Therefore this thesis will discuss the government supervision on informal financing from the angle of juridical logic in the hereinafter four chapters:In the first chapter, it analyzes the existing problems in informal financing activities and the deficiencies in current supervisory system, in order to expatiate the necessity of supervision on informal financing.In the second chapter, it the contrasts the existing theoretics about supervisor chosen, arrive at a conclusion that the government should be designated as the supervisor of informal financing. Through the analysis on government functions, the characteristics of informal financing, and our current financial supervision system, could enduce the rationality concerning the government supervision in informal financing.In the third chapter, it involves the target that government supervision should set for, what kind of the supervising idea among financial repression, financial freedom, and financial deepening should be chosen, and the supervising principals should be followed.In the fourth chapter, according to the supervising principals that be ascertained in the preceding chapter, government supervision should be lied in informal financing through informal financing organization and direct debit and credit. The supervision measure to this two patterns are also given.