Regional Finacial Development And Growth

Abstract:Facing a world financial cri sis which is the biggest one in 100 years, financial and economic relationship has aroused public concern again in "the time after financial crisis" period. At the same time, our country will be in period which belongs to "The twelfth five-year" planning development. So how to promote the reform of the financial system and promote the growth of long-term economy with smooth and quick, is a problem cannot ignore the financial role and influence. Therefore, financial and economic relationship is need to be research at present.At home or abroad, many scholars research financial development and economic growth on behalf of these relations. Because research objects, methods are different,the conclusion is different. And they often research more than one country or one big regions range. Then, this paper will take Cheng Yu Region as the object to research regional financial development and regional economic growth. With these conclusions, we can make the contribution to the developing of Cheng Yu Region.Firstly, this paper tells us the reviews relevant research results. Then define the regional financial and Cheng Yu Region, and analyzes the relationship for explaining Financial Structure Theory, Financial Deepening and Financial repression. Secondly, I use data to make VAR models, which can explain the relationship of regional financial development and economic growth, and convey the interactive relationship of regional financial difference and regional economic differences. Thirdly, I described economic growth and financial development situation in Cheng Yu Region to explain these conclusions above. Finally, in the end of this paper, it shows the policy suggestions to Cheng Yu Region. In a short, The weakening of the administrative management bring the formation of the urban agglomeration, which booms to bring economic growth, and economic growth will promote the development of finance beyond "threshold". Then the economic growth will come follow the financial development financial. So finally it forms a situation financial and economic commonly developing.