Research On The SMEs Credeit Guarantee Of Our Country

Small and Medium Enterprises (SMEs) have developed rapidly and have been an important part of national economy in both developed countries and developing countries. Japanese highly believe that there will not be economic boom in Japan without SMEs, and the US government even takes the SMEs as "back of American economy". The difficulty of external financing emerges increasingly, and has been the primary factor that hinder the development of SMEs. According to foreign experiences, as the bridge between SMEs and banks, SMEs credit guarantee is an effective way to promote SMEs credit. This thesis's studying object is the SMEs credit guarantee and solving the problems of credit guarantee system. This thesis is to find a breakthrough for solving the difficulty of financing.According to related theory of economics, the methodology of this thesis is to attach importance to integrate theory and practice, adopt the contrast studying method and use the reference theory of technological economics and new systematic economics. Firstly, the related theory of credit guarantee is analysed in both information economics and new system economics, which includes the need for credit guarantee institutes; Secondly, the development course of credit guarantee in SMEs is reviewed. The credit guarantee in our country has achieved a primary effect. It shows a "one body-two wings-four layers" structure and the problems of SMEs credit guarantee. However, these problems have still emerged and hinded the function of credit guarantee. So it is urgent that these problems should be solved to promote the development of SMEs. Thirdly, the foreign experience of credit guarantee system of SMEs is summed up in succession, especially the experience of Japan and USA. At last, with the problems of credit guarantee, the thesis studies deeply in two facets: (1) The thesis establishes the assessment of risk model to assess the risk of credit guarantee and establishes the system of assessing index .The thesis adopts the AHP method to compute the weight of each index. Finally, it gets the result of assessing the risk of credit guarantee. (2) The thesis also makes the reguarantee system framework. It is urgent to set up the province-credit guarantee institute to share and reduce the risk of credit guarantee. Also the credit guarantee company of the central authority is urgent to build for solving the risk of city-credit guarantee institute and province-credit guarantee insititute.