Yan Xishan Uniform Monetary Policy Research During The Beiyang Government

This paper chooses "under the guidance of the government financial pilot" theory as thebreakthrough point, to do a more objective, comprehensive exposition of Yan Xishan a currencyto rectify the financial history of this behavior. This paper reviews the chaotic monetary andfinancial institutions, also made a study and theoretical analysis on the evaluation of Yan Xishanmonetary policy ". This paper thinks that, Yan Xishan released by rectifying the money market, soas to create a benign economic environment. The innovation of financial policy and system,promote Shanxi economy quickly recovery. Yan Xishan through the unified monetary andfinancial system innovation, gathered a lot of money, he put the money to support theindustrialization construction, making Shanxi appeared second climaxes of industrialization. Thus,the strategic use of "under the guidance of the government financial pilot" in the economicdevelopment of backward areas is feasible. China is not a developed country or region to achieveindustrialization starts, to start from the reform of the financial sector to promote economicdevelopment, financial development. Therefore, Yan Xishan uniform monetary theory has acertain practical significance, can be solved at present in our province capital outflowphenomenon by reference. At present our province folk capital outflow is very serious, this paperargues that in the economic backward areas, to catch up with the developed areas of economicdevelopment, must be the financial pilot strategy under the guidance of the government, with thegovernment to compensate for market advantage, disadvantage, namely through the systeminnovation of government, improve the investment environment, promote local economicdevelopment. The article suggested that, the local government of Shanxi should strengthen theconstruction of regional policy financial institutions, the establishment of a regional securitiestrading center, the development of multiple local financial institutions, strengthen the insurancedepth and density, and create a good social environment, establishing supervision system, localgovernment financial training leading regional commercial bank--the bank, is of greatsignificance to the development of Shanxi economic.