The Informal Financial System Evolves Under The Financial Symbiosis

Since the 80's of 20 centuries, evolutionary economic begins its booming development in economy study research. The research method of the natural science, like the physics, biology etc, apply to the research of the economics. Repair the lacks of the new classicality synthesize science about the dynamic process to the economy change and the economy increase's hermeneutic ability, making the research of the economics no longer absorbed in the superior appearance, but balanced formative of dynamic process. The "evolve" permeated the Darwinian Theory of Evolution thoughts, in the process of the animals'evolution, they all participate the competition to be survival. But this kind of competition is not complete and absoluteness. The theoretical development in symbiosis gives it the new meaning in competition, then competition is cooperative competition, outside cooperation increase the ability of inside competition. Financial as the service industry, its creation oneself have the meaning of the symbiosis, offering the conversion outlet about saves ——investment, making funds converted to deficit section from the surplus section, leading the symbiosis into the finance to study, inquiring into how financial system is the function in symbiosis descends to evolve, constituting the theoretical core in financial symbiosis. Institutional creation and variety is a process, the complexity of the economy circulate come to a decision that economic system evolve is a failure for continuously trying mistake and regulatory process, The failure of the " shock therapy" and the success of China gradually reform successful proof that rational and artificial system design can't make the economic system attain the well balanced. The economic movement most is not in balanced but can maintain of stability, facing the variety of the balanced appearance. From this, we also can't treat with the static standpoint with informal institutional distinction for the formal institution. Formal institution in a period may be informal in another period. The formal system is usually the stage result of the evolution of informal system. The formal system continuously evolve may become the informal system again. According to this, the exists of the informal finance outside the frame of the formal finance, have completely reasonable. Informal financial concept contain broad sense and narrow sense, The informal finance of the broad sense includes to circulate the outside financial activity in frame in formal system that rises the positive effect to the economy and circulates to rise to the economy the financial activity of the...