The Public Policy Analysis Aiming At The Stock Market's Two Important Blemishses

The macrobackground that the stock market of our country produces and developsis gradually deepening of the economic system reform. With more than ten yearsdevelopment, stock market has begun to take shape. Its influence to our development ofeconomy and society is gradually strengthening. Its position and function areincreasingly bringing to people's attention. But the obstinate existence of plannedmechanism and state-owned stock which is only big and can't be circulated haveseriously restricted normal development of our country's stock market, have caused alarge number of problems and have becomes the main obstacle that affect healthydevelopment of stock market. This text first introduced the two important blemishs of our country's stock marketand its mechanism. Then on the basis of investigating the policy system whichformulates and carries out the stock market policy, it announced under the particularpolicy environment, the complicated relationship among the different policy corpus andits influence to formulate, carry out and adjust policy. According to the qualities andcharacters of public policy, this thesis analysed the stock market policy which causedthe two important blemishs of our country's stock market from several angles. On thefundation of the analysis of the stock market policy economics, the author madepolitics analysis on the stock market by means of the "benefits-power" analysis method.By analyzing different benefit corpus's benefits and power structure at stock market-ahigh density place where benefits come together and distribute again, the paperannounced the complicated background that stock market policy produces and pointedthat policy is the result of balancing all kinds of benefit power . The ethics analysis is toanalyze the justice and judgment of the stock market policy from the angle howjudgement of value influences policy corpus. According to the synthetical analysis to stock market policy and policy system, theauthor looked forward to the future of stock market policy and direction of policyadjustment. At last, The author made own train of thought and policy suggestion -how to improve our country's stock market the level of market of our country's stockmarket, how to solve the question of state-owned stock.