Research On Government Behavior In The Development Of Folk Finance In Quanzhou

The study of government behavior in the development of folk finance is an important topic to control financial chaos and prevent and control financial risks in the current.The development of folk finance depends on the system guarantee of government,and local government is an important factor that causes the development of folk finance.Quanzhou is a national gold reform area,developed private economy,active private investment and financing,as an important sample of domestic research on private finance.Combined with the golden reform opportunity and its Advantage,Quanzhou will continuously guide the development of public finance and standardization by Integration of administrative resources,optimization of public services and strengthening of risk management.However,Quanzhou still has some shortcomings in the concept of financial development,institutional mechanism construction and regulatory capacity construction,so it needs to optimize its function orientation and behavior.This paper selects the government behavior as the research object in the development of private finance of Quanzhou,and explores the proper location and behavior of local governments in the development of private finance.First,this paper defines the related concepts of folk finance,financial institutions,government behavior,and expounds relevant basic theories of market failure,government regulation and financial development theory.Secondly,this paper analyses the present situation of the development of private finance in Quanzhou,the effective behavior of the government in the process of the development of the folk finance,and the problems and causes in depth.It is considered that there are many deep problems in the development of civil finance,such as multi head supervision and lack of supervision,the lagging of the legislation of local financial supervision,the unclear positioning of the supervision function,the weakness of the force of the law enforcement team,and the imperfect supervision of coordination mechanism.Finally,in view of the above problems,it is on the basis of experience in Wenzhou,Taiwan and the United States,that Standardize the practice of folk finance.Combined with the reality of the city of Quanzhou,this paper puts forward six policy recommendations that establishing a correct financial outlook,improving local financial rule system,establishing local financial management system,increasing financial public services,establishing financial supervision mechanism,and strengthening the construction of talent team.This paper aim is to optimize the behavior of the Quanzhou municipal government in the development of private finance.