The Research Of Chinese Economic Growth Based On Financial Development

As the economy developing, the finance already became the important method that the government macroscopically regulated and controlled economy, and became the important release lever which the social resources been optimumly disposed, and got up the key role to the modern economy. The theory of traditional financial development thought the financial suppression of the developing countries hindered the deposit mobilization and the economic growth, and proposed that the financial liberalization policy which the interest rate liberalization was the core. But the effect of the financial liberalization was dubious. In fact, embarked from"the Mckinnon economy", the financial development of the developing country has gradualness, in the different stage the relations which the condition and the duty of financial development and the economic growth were different. Under this thought instruction, this thesis used the newest achievement and the analysis tool of the endogenous growth theory and the financial theory, obtained from the multiple balanced relationship which the financial development and economic growth, studied the function that Chinese finance development influent the economic growth, and provided the theory support and the policy suggestion for Chinese financial development and economic reformation.The thesis was divided into four chapters, the first chapter systematically narrated the achievement which the research of the function that the financial development to the economic growth, has comprehensively understood and grasped the front trend of this question research, has build a better foundation for developed this project smoothly. The second chapter has inspected systematically and analyses the theory of the tranditional financial development theory and the tranditional economic growth theory, and researched the intrinsic action mechanism of the financial development and the economic growth on the foundation of the newest theory, has obtained the function of them exists multiple balance, namely in the economy developing, possibly forms the"low balance"that the financial system didn't developed and the economy grow slowly and the"high balance"that they cycle positively. On the foundation of carried on systematically analyzed to the practice of Chinese financial development and economic growth, further analyzed the condition of the multiple balance between them, examined the gradualness existed between them. The third chapter integrated closely with China's reality, the factor that the financial development influenced the economic growth was divided into two kinds: the nature factor and the measures factor by the...