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The Virtual Economy Derived And Revelation, The Country's Financial Market Development

Posted on:2005-11-11Degree:MasterType:Thesis
Country:ChinaCandidate:Y J LinFull Text:PDF
GTID:2206360122994345Subject:Marxist theory and ideological and political education
Abstract/Summary:PDF Full Text Request
Starting from its embryonic stage, fictitious capital is always changing its forms and types, expands quickly, and then gradually forms a new mode of economical activity. Fictitious economy has greatly influenced the countries' economy in the world. Especially in the age of economy globing, financing, network and information revolution, a great number of international surplus capital is accumulating and forms moving capital. Asian Financial Crisis of the year 1997 is the typical case which fictitious economy evoluted to foaming economy and destroyed material economy greatly. But we couldn't deny it's positive effect to material economy. In order to make good use of it, we should develop its advantages and control its disadvantages. The paper explains every links and conduct mechanism of fictitious economy s evolution, finally finds its weak links and perfects Chinese financial market. It is composed of three parts.The beginning part is an introduction about fictitious economy and material economy. Firstly, from varied definitions of fictitious economy, the paper explains fictitious economy s definition, characteristics, and evolution. Then there is a brief analyses of fictitious economy' s evolution: Economy monetizing, securities marketing and fictitious economy globling. Secondly, the author elaborately analyses the relations of fictitious economy and material economy. Between them diere is a close relationship. Material economy is foundation of fictitious economy and fictitious economy has great effects on material economy. The effects including: negative and opposite influences. Finally, the paper elaborates conduct mechanism of fictitious economy and material economy. Begin with the mechanism s conducting, it explains fictitious economy visible organization and invisible operation through conduct of invest and consume.The second part, the paper analyses fictitious economy's worsen evolution and preventionmeasurement. Firstly, briefly looks back to three typical cases of worsen evolution: Japanese foaming economy in the late of 1980's.Thailand foaming economy of 1990's and Malaysian Financial Crises. According to fictitious economy, there are three common factors in the course of foaming economy ' s forming, expanding and bursting in three countries. They are monetary providing mechanism, foreign capital and institution. Secondly, it explains general prevention measurement of fictitious economy, which are establishing of prevention index of foaming economy, international supervising of network banks, establishing and perfecting international aids of financial crises, perfecting financial markets of countries, establishing and perfecting institution of deposit insurance.In the third part, according to present status of Chinese fictitious economy, main problems, the paper puts forward several suggestions about development of Chinese financial market. At present, there is a proper proportion between fictitious economy and material economy in China. But still there are some problems. Firstly, in the structure of financial system, there are differences and unfair to big , middle and small companies on level, scope and demand of financial service. Secondly, in the structure of circulating funds, there is unreasonable arrangement between bond and stock structures. On the bond structure, policy financial bond shares more proportion and company bond is held back. Moreover, institution of issue and trade, circulation of government bonds have suppressed its further development . In the stock structure, there is a character that state stock or legal person stock doesn t circulate wholly. Perfecting Chinese financial market includes two sides: Firstly, take precedence money market. Secondly, deepen capital market.
Keywords/Search Tags:Fictitious Capital, Fictitious Economy, Conduct Mechanism, Worsen Evolution
PDF Full Text Request
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