Professional Association: The New Choice For Civilian Credit In China

As developed, the civilian credit not only affords a new financing source for the rural economical bodies, but also promotes the reformation of rural financial system, and it plays an important role in the anti-poverty problem of rural area. But, because of its form which is not suitable for the request of the financial development, there are several poor aspects of civilian credit, such as weakening the result of the currency policy, disturbing the financial order, and affecting the macro-control etc. Besides, the top-down compulsive reformation of civilian credit is not suitable for its inner request, and the only way is taking bottom-up gradual reformation. While developing, the trust relationship will evolve from particularistic trust to universalistic trust, and the form should develop to an advanced way—the Professional Association.As an economic organization between market organization and government, the Professional Association not only has some characters of market organization, but also has some traits of the government, so it can reduce the total transaction cost when supplying products or service. Market Failures and Government Failures are unvarying, so Professional Association develops with commodity, and it is mutually complementary with the government governance.This dissertation, through establishing two game models of the Professional Association & its members and one game model of the Professional Association & finance monitor section, researches that whether the Professional Association can restrict, regular and promote the civilian credit or not, and explores the route of building the civilian credit institution, so as to supply new theory for the reformation of the china civilian credit institution.This dissertation falls into four chapters including the preface.In the preface, the background and significance of the subject are given. The existing theory on Professional Association and development of the research are described and illuminated. And the innovation and deficiency are expounded, including the structure. The first chapter defines the conception and meaning of the Professional Association. The second chapter analyzes the effect of civilian credit to economy and the advantage of the Professional Association in civilian credit. The third chapter further analyzes and demonstrates the function of the Professional Association in promoting civilian credit. The last chapter summarizes and puts forward policy suggestions according to front matter.The innovation of this dissertation is to find out the impetus of civilian credit's development by setting up the Professional Association in civilian credit through special view. The basic theories are the New Institution Economics, the Organization Behavior and the Game Theory. The main research way is the analytical method of Game Theory.