A Study On The Risk Early Warning Mechanism Of The Financial System Reform In The Province Of The Province

“Province governing county” fiscal system reform started in Zhejiang. Since 2002,the State Council approved the Ministry of finance about perfecting the financial management system of province and the following related issues opinions, in some regions of the country began to vigorously promote the financial “province governing county” system reform, and promote the development of county economy in a certain extent. It can be said that the “province governing county” system reform has become an important content in the reform of local government Chinese. Attention and Discussion on this issue, it is an urgent and long-term significance and theoretical work. “Province governing county” system reform is not a simple substitution of "city governing county" system, the formation of a new power affiliation in vertical governments, but in accordance with the objective laws of market economic development, dilute the power consciousness, establish the "domain" concept, to straighten out the government and the market, state and society, administrative region and economic area, the government system of internal vertical and horizontal relations, construct a set of generation, according to the domain of regional governance system should be responsible. While the western region by the level of economic development constraints, the special geographical environment and complex features of national culture, which in the promotion of County Administrated by province finance system in the process of reform, because of insufficient financial resources of government, the county region economy not only exists the risk of financial and management, still exist in economic, social, political and other indirect risk. Therefore, in the western region of the “province governing county” reform of the financial system of the risk in real-time monitoring, through effective risk prevention measures to reduce, avoid risk, and ensure the “province governing county” reform of the financial system in the western area of the smooth development is very important.The text is divided into five parts: the first part is the introduction part, mainly introduced the research background and significance of this paper and related domestic and international literature review; the second part first uses the standard analysis method to analyze the “province governing county” reform of the financial system of the relevant theoretical basis, and then summarized with five risks of “province governing county” fiscal system reform process may produce. Then the corresponding elaboration in view of the risk early warning mechanism designed in this paper; the third part is based on five major risk factors and the design of the risk early warning mechanism to select the corresponding index and determine the risk threshold value corresponding to the part; fourth collected relevant data of western region provinces empirical analysis to the application of early warning mechanism design, by the conclusions drawn from data from multiple aspects of the western “province governing county” reform process of the size of the risk; finally, the fifth part of the conclusion by empirical analysis, from five aspects of high risk of western area implementation of needle put forward the relevant measures of “province governing county” reform of the financial system of.