Transformation Of Conflicts And Risks Of Financial Capital And Bank Capital During The Transition Period

Since the 1970s, there is a profound and historic reform of system in China. The core of this reform is the transition from traditional planned economy to socialism market economy. Thus, China economy, politics and the whole society come into a transition period that is difficult to define. In this period, more and more economic problems emerge gradually because the relative steady system was broken (despite it is not efficiency). Many conflicts have deep brand of economy system transition.Theoretically, fiscal fund and bank fund play the different roles in economy, have the different running mechanism, but a reasonable proportion should be kept between the two kinds of funds. There are many irrational phenomena in the operation cycle of fiscal fund and bank fund because of the historical and institutional reasons during the economy transition period. The confusional use of the two kinds of funds result in many contradiction and friction.The accumulation of these contradictions not only make the low efficiency of the fund distribution, and the banks have to bear up the risks of fiscal fund finally due to the confusional use between the two kinds of funds, but also have the serious problems: fiscal risk due to the scarcity of fund becomes the origination of the bank risk; however, according to our country fiscal characters, the fiscal risk must be the final burdener of bank risk. The existence of the two kinds of risks are a huge menace to our economy running normally, so it is very necessary for us to discuss this question in-depth, and to find the best method and approach to solve this problem.The basic structure of this thesis is as follows:Chapter 1 is about the theory on functions of fiscal fund and bank fund.Chapter 2 expounds the contradictions and their embodying of the fiscal fund and bank fund in the transition period from the point of historical view.Chapter 3 is about the transform of the fiscal risk and bank risk. This chapter and chapter 2 are the main parts of this thesis.Chapter 4 is about the methods to solve the problems about the contradictions of fiscal fund and bank fund and the transform of the fiscal risk and bank risk.