The Study Of Financial Structure Evolution Of USA

Goldsmith held the point that financial development essentially equals to financial structure change, and the direction of global financial development is consistent. It is of great significance to investigate the developed countries'financial structure revolution. And then we can effectively raise the financial structure strategy and system innovation on basis with China's national condition.This essay selects the United States as research object, whose financial structure is sophisticated. According to the change trend of market share of financial institutions, the revolution since World War II was classified into three stages. This essay is to find the universal law of financial structural transformation, referring to the FIR, financial institutions scale and business, financial tools as the main line.The American's financial structure circulates between separated and mixed operation. From which we can conclude the following rules:Financial Deepening is unceasingly intensifies; the market share of deposit financial institutions gradually decreases; Investment financial institutions constantly expand; Financial innovation is a double-edged sword, which can promote the financial development and amplification risk as well.Finally, according to the American financial structure development path and internal rules, the essay promotes corresponding policy suggestion on the background of economic mode upgrade in the 12th Five Year Plan.