Research On Legal Mechanism Of Government Guarantee Fund Of "Three Rural" Financing

Because the economy base of China was thin,Under the leadership of the second generation of the party with Deng Xiaoping as the core.China has embarked on the road of "promoting reform and opening up,the first rich after the rich" economic development.Although the results are significant,but between the period of the modern industrial sector was established,and the second industry to the first industry of the feedback has been fruitful,there was a window period of unbalanced economic development,with which urban and rural economic development level further widened.So,There is a situation that the modern industrial sector and the traditional agricultural sector coexists,like Lewis said,a economist,that is urban and rural duality.The duality of urban and rural areas profoundly affects all aspects of our country,so does “Three Rural”.Agriculture is in a weak position in the modern market economy and it is difficult to modernize itself and "Three rural" financing problems have emerged.Financial resources concentrated in urban areas and secondary industries,and "Three Rural" lack of financial resources,it is difficult to meet the demand.This problem can not simply rely on the market to solve,but to be based on economic law to come forward by the government,because the market financial industry has profitability.So I put forward the policy of supporting agriculture,that is,"Three Rural" financing government guaranteed fund mechanism,the value of which is that the government sets up a fund to guarantee loans for rural areas.Cultivate the rural financing market,and reduce the government's financial pressure,and reduce the governments' financial pressure.The history of "Three Rural" financing government guaranteed fund mechanism is short,and began to be applicated in the 1990 s on a large scale.I defined its concept and the role of this mechanism in government policy,and it will be deeply influenced by government policy and credit environment.There is a unique circle structure in China's rural areas,which has exclusive features,in the influence of which credit system construction needs to meet the characteristics of this structure.I introduce the concept of contingent liabilities in financial accounting as theoretical analysis of this mechanism,the pros and cons and characteristics of contingent liabilities will be directly reflected in this mechanism.In practice,Chengdu and Anhui Province have already started the pilot system of "Three Rural" financing governmentguaranteed fund mechanism,which has great research value for the perfection and expansion of the system.Using the contingency theory to analyze the risk of this mechanism,I propose that we should set up a restraint mechanism to control the risk,build a county-level linkage credit system,and monitor the hidden financial risks or liabilities.In addition to institutional constraints,it should be regulated in accordance with the law.This paper studies the effect level of the law in detail,and thinks that the legislative supervision of this mechanism should adhere to the principle of central and local governments and construct a complete legal supervision framework to control its risk and optimize its implementation effect.