Economic Financialization And Analysis Of Its Influence Factors

Since 1990s, Economic Financialization has become a new factor which promoted the development of the economy. The so-called Economic Financialization refers to a trend which shows the growing ratio between the financial instruments'value and GDP. It concludes three stages which are called Economic Monetization, Economic Securitization and Economic Virtualization.Essentially the process of Economic Financialization is a course which makes economy and finance a whole part. The real economy is the basis for financial development, vice versa, the expansion of finance provides a broader space for the development of the real economy. With the deepening of the Economic Financialization, the relationship in the real economy is increasingly reflected as claims, debts, equity, dividends and so on. At the same time, the development of financial instruments is showing a trend of diversification.As the trend of Economic Financialization becoming increasingly significant, the process of Economic Financialization and the influence factors affected it needed to be studied. Therefore, this thesis makes researches on the essential problems of Economic Financialization on the foundation of domestic and foreign research to it.The thesis can be divided into three parts. Its main content and frame is as follows:Part one:Chapter one and Chapter two. It primarily introduced the background and the method of the study,also the summary of the theory of Economic Financialization and the definition of the three stages which provided a platform for the following study.Part two:Chapter three, Chapter four and Chapter five. It's the main part of the article which provided an analysis on the situation of the Economic Financialization of China. It also studied the way that all the inner and outer factors affected the process of the Economic Financialization. At last, it studied the relationship between the Economic Financialization and real economy and put great emphasis on the study of the functionary mechanism through which the Economic Financialization affect real economy.Part three:Chapter six. This part is the theory application part, in which the thesis concretely discussed the approach of developing Economic Financialization in China.The main result of the study which is as follows:1,The basic situation of the Economic Financialization in China is showed as Higher degree of Economic Monetization and lower degree of Economic Securitization and Economic Virtualization.2,The main factors which affected the Economic Financialization concluded GDP, interest rates and savings.3,The Economic Financialization can drive the real economy growth through stimulating the consumption and investment. It may also form some negative influences on Real Economy.