Study Of Financial Exclusion In Rural Areas Of Gansu Province

Rural financial plays an important role in farmers' daily life,in the process of financial globalization,financial institutions face with fierce competition,especially for the institutions in the rural areas.For the pursuit of interests,risk reduction,cost reduction,rural financial institutions knowingly alienate some high risk,low income customers,reducing the supply of financial services,thus lead to the low income people hard to get financial supports and their life become more difficulty,the development of rural areas was hindered.Gansu province is located in the northwest inland areas of China,the province has 14 district cities,2 of them were autonomous prefecture.At Present,Gansu rural finance development is not optimistic,the characteristics of Gansu rural finance are the farmers hard to get loan,lack of financial service network station,the supports from government next to nothing,and so on.Therefore,to measure the degree of Gansu province rural financial exclusion and analyze the influence factors can provide important suggestions to lower rural financial exclusion and perfect the system of rural financial service.On the base of analysis the correlation researches both at home and abroad,this investigation carried out the work in following process.Firstly,the concepts about financial exclusion were defined and the theoretical foundations were introduced.From the aspects of scale and efficiency,the current development status of Gansu rural finance was described quantitatively and qualitatively.Secondly,using the panel data of the 14 cities and referencing the computing method of human development index,measuring the 14 cities' rural financial exclusion extent with three dimension index,financial services available,use and utility degree,respectively.The OLS regression model was used to analyze the influence factors.In order to deeply analyze the problem of rural financial exclusion,this paper,ba sed on investigating of several cities and states,selected 682 farmers in 10 villages of5 cities to analyze the current situation and influence factors of rural financial exclusi on,and explored their deep-seated reasons.The results showed that more than 64.96%people excluded credits,more importantly,42.31% people excluded savings in the sur veyed households.According to the empirical analysis of influence factors,the results showed that the two influence factors of financial exclusion were both common and di fferent,therefore,we enlightened to find out the measures to solve the financial exclus ion problems with emphasis and target.Finally,combined with empirical research con clusions and field investigation,this paper put forward some suggestions to solve the f inancial exclusion problem of rural households in Gansu province.