The Asian Financial Crisis On The Regional Economic Impact In Shandong Province And Prevention Countermeasures

It is more than two years since the Asia financial crisis happened. During this time, the economy of east Asia and eastouth Asia experienced four steps: the higher speed increase, the rapid decrease, the pace up and down, the progressively improve. It influenced the economic progress in the area not only the east and east?south Asia but also the surroundings. Under the tendency of the economic integration, the international opportunist fund size grows up continually, the rate of financial crisis enlarges in large scale. The thesis analysis the cause and the influence of the financial crisis again, draw the useful lessons from it, provide the method of avoiding the mistake in the time of economic revolution. At the same time, financial crisis can bring the good experience for the beneficent economy development of China. The thesis expects to analysis the influence of the Asia financial crisis to the regional economy of Shandong from the new angle, provide some valuable suggestion for the benefit developing of the economy of Shandong. As a big economic province of China, Shandong has been influenced in this financial crisis. First, the foreign trade of Shandong was influenced deeply. The thesis analysis the export changes of the foreign trade with lots of datum, including the earning change of export, the market atrophy of export, and so on. The thesis also analysis the foreign trade of Weihai city draw a conclusion that the financial crisis especially of Korea harmed the economy of Shandong. Secondly, the thesis analysis the influence of using foreign capital in Shandong. Lots of companies of east and east south Asia provided large sums of money to Shandong. In the financial crisis some companies of these bankrupted continually, that made the using foreign capital of Shandong falling into a control down cast condition. Third, since 1998, the earning of tourism decreased. The number of tourists decreased too. Especially the decreased rate of the visitors is the biggest. Forth, this financial crisis also affected the service export of Shandong. After it happened, the true operating results, amount of contact, and so on, appeared decrease in different scale. Fifth, the crisis made the cost of drawing foreign capital increased, so we must expend more cost to drawing foreign funds. On the base of analysis the cause of the Asia financial crisis, contrast with the state of China, and proof the influence to the economy of Shandong, the thesis makes out the countermeasures that have practical value. First, optimize the economic contract, foster the new code of economic growth, especially change the industrial contract and optimize the contract of the export product. Through help the strategic industry, enhance the content of science and technology in product. Strengthen the export number of the high profit commedity to develop the capability of the foreign earnings. Secondly, carry out the strategy the market diversify, capture the Asia traditional market, strengthen the exploration of the America market, speed the development of the foreign trade. At the same time, care about the others new market, make trade diversify true. Third, set up the big industries group, especially the famous one. Raise the whole economic strength, pay attention to the development of the private enterprise economy, encourage founding factory of private capital, make them becoming the voluntary supplement to national...