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Financial Support For The County Of Chongqing Economic Growth

Posted on:2014-08-13Degree:MasterType:Thesis
Country:ChinaCandidate:H XuFull Text:PDF
GTID:2269330398984130Subject:Regional Economics
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County economy is the important part of the national economy. It plays a connection between city and rural important role. As well, it is an important basis for the operation of the national economy. As an important point contact city economy and rural economy, development level of county economy reflects the prosperity of city economy radiation ability and the rural economy. So does it is the main reasons affecting the city and market process speed.Finance is the core of modern economy, the development of county economy is inseparable from the financial support. In the new situation, it is very urgent and important to identify the entry point to the financial system innovation, exploration to adapt to the development and its economic and financial policies, so as to promote the development of county economy. In this paper, using the endogenous economic growth model, research on the financial support of the county economy of Chongqing growth. Study found that, in the financial structure of county in Chongqing City, the bank system plays a major role in the growth of the county economy. On the other hand, the financial system is not adapt to the county economy. In Bishan county and Wuxi county, there has financial suppression phenomenon in different degree. The county economic development is slow and uneven. This paper around the exploration of the solution carried out a qualitative and quantitative analysis. I also find the restricting factors of financial support for county economic development in Chongqing City. These mainly manifested in the lack of perfect financial system and effective guarantee system. There also has a serious phenomenon of outflow of funds in the in the county. Based on the specific situation of county economy and above restricting factors, I proposed to strengthen the measures for the financial support of county economy of Chongqing city from two aspects of internal and external. From the internal point of view, we need to broad the service function of the county’s financial system. To promote its continuous innovation. To achieve this goal, we can do three jobs, one is to perfect financial access and exit mechanisms, anther is to clear property rights, last one is to steadily promote market-oriented interest rate reform. Second aspects we need to gradually improve the district within the financial system. Make it adapt to the county economic development, and can provide diversified, multi-level financial supply. To do this, we need positioning correct policy financial institutions and strengthens cooperation between various types of financial institutions. From the external point of view, we must pay attention to improve the economic and legal policy. Aim to create a favorable external environment for the development of finance. The specific measures are stable macroeconomic policies, perfecting the legal and credit system, clear the government service function etc..
Keywords/Search Tags:County Economic Growth, Financial development, Theendogenous economic growth model, Regression analysis
PDF Full Text Request
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