The Study Of The Trend And The Evolution Of The Japan Policy-Based Finance System

Japanese policy-based financial system is a typical representative of the policy-based financial system all around the world,with seventy years developing its development experience become the epitome of the development process of policy financial system in developed countries.After the second world war,Japan established an huge and completed policy-based financial system,making a good foundation for Japan's economic recovery,and played an important role in the financial system in Japan.it also made tremendous contributions to the economic development in Japan.But in the 1990 s,with the recession of Japanese economy,Japanese policy-based financial system even has experienced a private reform.However,as the international financial crisis of 2008 and 2011,the outbreak of the east Japan earthquake,policy-based financial institutions played an indispensable role in crisis response process again,which make Japanese government realize the importance of policy-based financial institutions,and strengthen the status of Japanese policy financial institutions in the financial system.The history of Japanese policy-based financial system fully demonstrate the unsubstitutability of policy-based finance system,it also suggests that the development of the policy-based financial system is not invariable,only undergo the reform and adjustment,can it adapt to the social change and development of the economic system.With its irreplaceable function and position,Japanese policy-based financial institutions has become an important instrument for Japanese government to deal with large crisis and to implement national policy intention,It is also introduced by the financial risks,outburst disasters preventing systemy theJapanese government.Policy-based financial institutions.Currently,Japanese policy-based institution can effectively help Japanese government to achieve its political and economic goals,.It also constantly adjust itself to find a balance between the government and commercial finance,and actively engage in Japanese overseas investment and development to explore a new paths to realize their policy objectives.Since The Third Plenary Session of the 18 Central Committee of the CPC,thepolicy-based financial system plays an increasingly significant role in the financial system,which attracts many scholar's attention and China has already opened up a new round of reform.Chinese policy-based financial institutions reform should draw a lesson from Japan base on the status of policy-based finance,and adjust the relationship between government and commercial finance striving to build an efficiently policy-based institution.This article uses the literature survey method to analyze the evolution of the theory of policy-based financial institutions and to investigate the development of the Japanese policy-based financial system.At the same time using the history analysis method to tease development of the Japanese policy-based financial system since the establishment of Japanese policy-based financial system and from Japan's political and economic perspective to tease Japanese policy-based financial system evolution and development process.Using the qualitative analysis and quantitative analysis method,emphatically analyzes current policy-based financial institutions development in Japan and investigate the relationship between the policy-based financial institutions and the indicators of national economic development in the long-term and analyzes the effect of policy implementation of Japanese ppolicy-based financial institutions.