| The small and medium-sized enterprise policy-type finance is the policy-type financial activity that provides financing or credit guarantee direct either indirectly to promote the small and medium-sized enterprise development, enhances their operating efficiency and promotes their status in the national economy. According to neoclassic economic theory' s viewpoint, the small and medium-sized enterprise financing difficulty is one kind of money market malfunction phenomenon essentially, so it is necessary for the government to intervene to correct and make up the flaw in the money market resources disposition. At the same time, comparing policy-type finance with financial direct investment, which is also a method the governments intervene the economical, the former has a stronger binding force to the enterprise and a higher fund use benefit. Therefore, many countries usually take the construction of policy-type finance as an important measure to solve the financing difficulty of thesmall and medium-sized enterprise.China is being in the reforming time, so the small and medium-sizedenterprise financing difficult is extremely prominent, which restricts them to develop. By analyzing the implication, characteristic, special functions of the small and medium-sized enterprise, Chinese economic phase, small and medium-sized enterprise financing structure and tpresent situation characteristic, the paper author believe that, in the process of establishing a perfect small and medium-sized enterprise financing system, Chinese government still has a very big place to display, in other words, it is necessary and urgent to establish the policy-type financial system, and it is also a feasible choice.This paper introduces and analysises the general constitution of the small and medium-sized enterprise policy-type finance system, Japan, US and EBRD (European bank for reconstruction and development) typical pattern, summarizes the rules to establish perfect small and medium-sized... |
PDF Full Text Request