The Adjustments Of The Korea Financial Structure After The Financial Crisis And Its Enlightenment To China

The financial system, regarded as the sub- system of the economic system, plays an important role in the modern economic system. Reasonable financial system can provide the vast space for the economic development, infuse the motive power into economic development constantly and guarantee the social economy purpose of effective arrangement of resources, full employment, stable commodity price and safe economy. Economy in all the countries is at different development levels,therefore, main nature and social factors would undoubtedly differ from one another from country to country. As a result, the arrangement of the financial system in different corresponding periods in every nation would also be different. born gift too not exhausted same alike,as a result,the each nation develop not in the economy the corresponding period arrange to the financial system to also is different.Korea, according to its own economic situation,establish the characteristic financial structure. Before the breakout of 1997 Asian financial crisis,Korea had adopted a"government-guided"industrial financial system,with the feature of"government controlled finance"in its operation mechanics. After the crisis,Korea has reinforced its financial system reform,leading the nation's economy into a virtuous road of development. Any country's financial system is a reflection of the nation's level of productive forces,and is gradually formed and perfected in long time of practice. At present,our country is in a stage of tackling the key problems in financial system reform. Those problems perplexing us are just the same that had made the Koreans hard-pressed not long ago. Therefore,by studying the reform of the Korean financial system,we can take their experiences and historical lessons as our reference. Combining that with the features of our own financial structure,we can construct a financial system adapted to our socialist market economic system.This paper is mainly on the following issues:First,advancing the proposed background paper on the theory and practical background, which is explaining why to choose"South Korean financial system research"for the scope of the study,and the purpose,significance, framework, and analysis research methods of the article is further proposed. This introduction is part of the research content.Second, starting with the establishment of demonstrated Korean financial system and the establishment of the historical background of South Korea, and following the logic of history research ideas, and the financial system from the South Korean financial system, this part tries to reveal the framework of the financial system and further elaborate the characteristics of Korean financial system,pointing out the formation environment of the Republic of Korea"control financial"or the"official financial governance".Again,demonstrating the main Korea reforms of the financial system. As we all know,any country's financial system is the product which productivity develops to a certain stage, and gradually formed and completed in the long-term practice. Therefore,the suffering South Korea in 1997 experienced should be given a correct understanding. The key point lies in how people should learn lessons to overcome their own lag disease so that the financial system is improving daily. The South Korean government made it. In the text structure,the third part was on the reasons of formation of the Korean financial crisis,and how the Republic of Korea focused on the historical process of financial reforms and policy measures. Finally,the paper concludes with a study,South Korean financial system, putting forward the reality purpose of this paper. That is,"The stones from other mountains can be made into jade."This part, in turn, explains the lessons when establishing financial system in Korea and suggests some relevant recommendations to the adjustments of our financial structure.