Research On The Influence Of Rural Informal Finance On The Poverty Alleviation In Rural Areas

informal finance is a direct or indirect financing activity which is spontaneously formed by the market subject,which is outside the supervision of national supervision authorities and is not subject to the restriction and protection of national laws and regulations.As an important part of the rural financial system,informal finance has always been in the grey area of legal supervision,but it has become an important supplement to the rural financial system with its unique advantages.Even for the role of farmers out of poverty than formal financial,since reform and opening up,our country economy into the high-speed development period,the economy growing at the same time also contributed to the reduction in the number of poor people and the increase of income.Absolute poverty of slow,however,cannot improve regional development uncoordinated and the status of the income gap between urban and rural areas as well as the widening gap between the rich and poor,the informal finance is a important way of improving rural poverty,the CPC central committee think highly of China's poverty,under the background of "precise" for poverty alleviation policy,study the effect of rural informal finance of farmers out of poverty in China for the development of the poor in China is of important theoretical and practical significance.Based on rural informal finance and poverty in China as the research object,the use of social science research center of Peking University in 2014 hosted by the Chinese family followed the CFPS data,using Probit model to our country rural informal financial impact on poverty to slow the empirical analysis,the result shows that our country rural informal finance has promoting effect of farmers out of poverty.On the basis of this,three different criteria are adopted to define poverty,and the results show that rural informal finance in China can promote farmers to escape from poverty,and it is statistically significant.Finally,respectively,from the informal financial operation environment,system,and the cooperation between the formal financial three aspects for the future puts forward relevant policy Suggestions of non-formal finance based on farmers out of poverty,in short,we should support and encourage legitimate informal financial activities,and governance of illegal informal financial activities,in order to further promote the farmers out of poverty.