Investment Institutions And Mechanisms Of The Ethnic Autonomous Regions And Public Service Facilities Study

Public service investment is an important factor for the economic development in minority nationality regions. Reform and perfection of the system and mechanism of public service investment in minority nationality regions is a necessary requirement to promote the economic development of these regions. Public Service Facilities Investment (PSFI) is the basic part of public service investment. Study on the system and mechanism of PSFI is very important theoretically and meaningful realistically. The thesis is composed of five parts: I. Preface; II. Theories, Investment Goals and Capital Sources of PSFI; III. Status of PSFI in Minority Nationality Regions and Its Impact on Economic Development; IV. System and Mechanism of PSFI in Minority Nationality Regions and a Deep Analysis of Its Design; V. Reform and Development of PSFI in Minority Nationality Regions. After comparing with the management system and operating mechanism of public service investment in western countries, the author gets a large amount of first hand materials reflecting the status of PSFI in minority nationality regions, discuss with researchers in Reform and Development Committees, Financial Bureaus, Financial Research Institutes of different governmental levels, systematically analyzes the operating mechanism of PSFI in minority nationality regions, and proposes some reform solutions. Nationality isformed in history. Race, region, politics, culture, religion, customs, etc. are necessary contents of ethnic nature of economy and economic development of minority nationality regions.Five minority nationality regions have different history, culture, background and local, ethnical and autonomous characters. Location, natural resources, social and economic development vary a lot. Therefore, the system and mechanism of PSFI in minority nationality regions are formed in the long-term economic development, experiencing two stages in planning economy and market economy. At the same time when marketing reform and economic development are experiencing great progress, there are some problems in the operation of PSFI in minority nationality regions in our country, lowering the operating efficiency of PSFI. In order to match the complete socialist economic mechanism, minority nationality autonomous region governments should speed up the reform in government function, reasonably define the border and structure of PSFI in these regions, establish stable fund raising channels for PSFI, enforce the authority of state PSFI designing, strengthen public service investment projects management, gradually make PSFI decision making and capital management procedure more scientific, systematic, normal and democratic, and establish a complete and reasonable PSFI management mechanism and operating system.Since opening-up and reform, China carried out a serial of reformson the former investment system, breaking the traditional highly-intensive investment model under the planning economy, and primarily establishing a new model with multi investment sources, capital channels, investment models and construction of project markets.The author studies public services in its narrow sense that protects the basic individual life and development rights. It defines the minimum scope and coverage of public service in certain stage, that is, infrastructure investment in physical areas, for example, basic public education, sanitation, social insurance, infrastructure, social securities, ect. Public service facilities involve a small area of public service. In this thesis, based on the uniqueness of national economy, the author uses theories of Public Products, Public Choice, Institutional Economics, Economics for Development, and National Economics, utilizes example and case analysis, combines individual with group cases, turns to large amount of statistics, applies static system into dynamic mechanism, combines with economic development in minority nationality regions, studies the outstanding problems and reasons in the distribution of public service facilities, and points out the reform and development directions for PSFI in these regions. In today's China, when investments subjects become multiple and project construction becomes more directed by market, this study has profound meaning in theory and reality.Innovation is the soul of one nation, and is also the soul oftheoretical study. In this thesis, the author studies innovation in the following aspects:1. It is a totally now angle to target the study on the PSFI system and mechanism in minority nationality regions;2. It is a theoretical innovation to apply the static mechanism into the dynamic system, and combines her study with the economic development in minority nationality regions;3. It is a research methodology innovation to combine static with dynamic studies, individual with group studies, and statistic with case studies;4. To combine non-commercial financial institutes with PSFI in minority nationality regions into Public Service groups. This management model can help the public services in minority nationality regions and promote the economic development in these regions. This is also a highly leading and practical innovation.