Inclusion Financial Innovation Model Research Based On The Perspective Of Poverty Reduction

This study firstly analyzed the indicators of poverty in China from 2010 to 2016,and analyzed the distribution and characteristics of poverty in China on this basis,analyzed the causes of poverty in our country,and believed that China's system supply was insufficient at the beginning of the reform and development,the policy orientation was skewed,the country's fiscal arrangement was improper,the lack of financial institutions and the poverty group's own factors were the causes of the emergence of the poverty group.Pratt &whitney financial form of development in our country are reviewed and its effects of poverty reduction,our country has experienced rural credit cooperatives,village Banks pratt &whitney financial and microfinance,the agricultural bank of China,agricultural development bank and the postal savings bank and the Internet,in the form of financial forms have a corresponding effect on poverty reduction.Moreover,the contradiction between the implementation of China's inclusive finance and the financial needs of the poor group is analyzed deeply.Secondly,it constructs a inclusive financial index with six specific indexes of four dimensions,and on this basis,by including the ratio of disposable income of urban residents to rural residents' net income(pp),loan density(loan),government's economic intervention(fiscal),fiscal support(sagric),transportation infrastructure(infrast),real GDP growth rate per capita(RGDP),Bank staff number(employ),more than a high school in the school the number of the provinces and cities of the population(edu),and the incidence of poverty(pov)than these indicators constructed an econometric model to empirically pratt &whitney financial poverty reduction effect to our country.Results show that the control of the degree of government intervention in the economy(fiscal),finance supporting agriculture dynamics(sagric),transport infrastructure(infrast),disposable income and net income of rural residents than urban residents(pp),more than a high school in the number of the provinces and cities of the population than(edu)after these variables,by raising the lending density,increase the bank staff,improve the economic growth rate has significant effect on poverty reduction.On the basis of this,this paper constructs three financial innovation models of inclusive finance,and discusses the advantages and disadvantages of each model and its usage.Finally,based on the empirical analysis put forward the countermeasures and Suggestions of developing pratt&whitney financial poverty alleviation in China,mainly including push deeper pratt&whitney financial policy implementation,guide the financial resources to the weak regionconfiguration;We will vigorously develop grassroots banking institutions and speed up the construction of a multi-level credit system.We will increase financial support to poor areas.