The Research Of The Construction And Function Of Japan's Financial Security System

Financial security has always been a very important issue in academia, and a country's financial system has played an important role in the process of overall economic development in a country. So in order to protect the smooth development of the economy, national governments emphasize the financial regulation. Several world financial crises had a serious impact on the global financial markets and various economic areas: stock market crash, bank failures, increased unemployment, etc. Facing such a tremendous impact, governments are increasing efforts to try to protect their stability of financial system, and to regulate the global economic order. In the process of maintaining financial security, governments gradually establish a complete protection of financial security, forming their special financial security systems.This paper includes five chapters. The first chapter is the introduction of the relevant theories. Based on the analysis of the theories of financial security, financial risks and financial crises, the author argues for the importance of constructing financial security system. The second and third chapters are the key chapters. The second chapter introduces Japan's financial security system from the perspectives of lender of last resort system, regulatory authorities system, deposit insurance system, and the cooperating relationships among them. Chapter three introduces the functions and effects of Japan's financial system through the time of Japanese bubble economy and Wall Street financial crisis and by comparing the two stages the author concludes that Japan's financial security system played an important role in the process of protecting Japan's financial stability. The fourth chapter introduces the unique characteristics and problems of the security system, thus to better understand Japan's financial security system. On the basis of the above four chapters, Chapter five puts forward some important issues which should be given more attention in the process of establishing the financial security system in China.