Financial Development On Economic Growth

The Yangtze River Delta Urban Agglomerations is one of the most developed, most competitive economic areas of our country, but compared with Urban Agglomerations of the developed country, the competitiveness level is comparatively low. Under the background that the role of finance development to economic growth is more and more prominent day by day, the Yangtze River Delta Urban Agglomerations need to keep in developing continuously and at a high speed, the development state of financial circles is essential. On the basis of relevant theories about finance development, this text analyze the current finance development situation of the Yangtze River Delta Urban Agglomerations, then, by the method of combining the theory and real example analyze, investigate the influence of finance development on the economic growth of The Yangtze River Delta Urban Agglomerations, at last, we put forward relevant suggestions of bringing about an advance for the Yangtze River Delta Urban Agglomerations.This text divides six parts to describe: Part one explains the proposition of the problem of this text and studies the meaning, studies the current situation of researching approach herein, and thinks of the research both at home and abroad. Part two systematically looks back correlative theories about financial development and economic growth, and extends financial development and concept of the economic growth on the regional aspect, analyzes the important role of regional finance in regional economic growth. Part three analyzes the current situation of financial development and economic growth of the Yangtze River Delta Urban Agglomerations in an all-round way through relevant economic, financial indexes, lays a better foundation for the positive research. Part four closely threads up finance intermediary, securities market ,and insurance market, analyzes the influence of finance development on the economic growth of the Yangtze River Delta Urban Agglomerations by comparing with data and real example analyze, we have found that financial development have indeed promoted economic growth. On this basis, Part five points out the existing problem in the Yangtze River Delta Urban Agglomerations, and proposes the financial supportive countermeasure and suggestion to speed up economic growth. Finally, this text summarizes the full text, draws the final conclusion and reviews problem and deficiency in research.