Study On The Functionary Mechanism Of Fictitious Economy Affecting Real Economy

Along with the development of economical globalization and information technique, the proportion of fictitious assets such as valuable bond in GDP is bigger and bigger, and the speed of their increase is faster and faster; People's concept of value and wealth has undergone profound changes. People who own the material wealth hold a great quantity of fictitious assets at the same time, and it constitute the big part of the property. These all indicate that on the base of real economy that is composed of the real merchandise trade fictitious economy that mainly consists of the fictitious assets trade has come into being. This is objective existence that doesn't change with purpose of people. Along with the deepening of economic system reform in our country and the market economy growing fast, fictitious economy also has emerged from it, and is growing in the ascendant. Fictitious economy is a double-edged sword. On the one hand it stirs easily up foam and turn into bubble economy under the certain terms, and brings about the financial crisis, and result in grave damage to real economy, on the other hand it promotes the development of real economy. Under this situation, the report of the sixteenth National Congress of CPC brought forward definitely: correctly handle the relationship between fictitious economy and real economy. Therefore, the thesis makes study on the essential problem of fictitious economy on the foundation of domestic and foreign research to fictitious economy.The thesis can be divided into four parts. Its main content and frame is as follows:Chapter one is the introduction. I primarily introduce the background, the meaning and the method of fictitious economy study, in order to provide the platform to study fictitious economy.Chapter two is the summary of the theory of fictitious economy and its purpose is to open out the essence and circulating regulation of fictitious economy. Thischapter can be divided into two parts. The first part introduces the microcosmic base of Fictitious Economy-fictitious capital about its meaning, sorts and characteristics. The second part introduces the main points about fictitious economy. Firstly, on the basis of some relevant connotation theories of fictitious economy, the thesis gives out the definition of fictitious economy from the narrow sense and the broad sense. Then the thesis discusses the development course of fictitious economy. In order to make the research clear, finally, the thesis summarizes that fictitious economy has the parasitic, fictitious, high speculative, systemic and periodic characteristic.Chapter three studies the relationship between fictitious economy and real economy and puts great emphasis on the study of the functionary mechanism through which fictitious economy affect real economy.Chapter four is the theory application part, in which the thesis concretely discusses the approach to fictitious economy development in China. This chapter firstly reviews the fictitious economy development course in china, and then makes the correlation regression analysis between fictitious economy and real economy on the base of the representative of our fictitious economy-stock market and gives out the conclusion that fictitious economy development in our country has many problems. In the end, the thesis makes out some advice on the our fictitious economy development,The characteristics of the thesis are displayed as followed: (1) this thesis is on the base of the developing fictitious economy theory, and discusses the matter about economy increase in a unique and original point of view. (2) The analysis of the thesis is based on academic analysis with demonstration analysis, and gives a comprehensive and systemic study on the relation between fictitious economy and real economy. (3) Much more attention is paid to the problems in the course of fictitious economy development in China, and the thesis makes out some constructive reform advice in the end.