Personal Financing (PF) is an important mechanism that transforms saving into investment and that improves the function of financial system and continual development of national economy and welfare.
It's the most important for China's financial reform to promote the function of financial system,improve the current situation of low efficiency,and improve the efficiency of investment.
Functional analysis paradigm is to study how to construct optimal insitution structure that perform cost effectively these function to promote economic growth in the financial system functions.
Mortgage-backed-securities will not only solve dislocation of our financial system functions , promote capital markets function better, resolve commercial bank liquidity problems, but also can bring many benefits to the commercial banks, Meanwhile open an indirect channel. for folk organization fund and each kind of insurance fund to enter the bank credit domain.
Mainland companies listing in Hong Kong can maximize their individual interests,from the perspective of improving Chinese mainland financial market,however,it is a very important strategic choice to keep the best companies stay in mainland and enhance the economic base of mainland market.
This paper explores the financial function to the economic growth in the perspective of financial function, on the basis of which the mechanism of regional financial development and regional economic growth is analyzed by the theories of financial development and regional economy. According to the changes in recent years and the future development of finance, some suggestions and countermeasures are come up with to achieve sustainable development of regional economy.
Investment fund as a new financial system has gained rapid development worldwide , especially in the Europe and US since the end of 20 th century ,and begun to play an increasingly important role in financial system. Its rapid development has not only essentially transformed the traditional financial system and structure, but also become the key factor in the evolution of future global financial pattern. So, an international debate on whether a investment fund system will replace commercial bank system...
There are two different analystics methods of research on the relations of financial structure and economic growth:institutional paradigm and functional paradigm.Institutional analysis paradigm is to study how to perfect and strengthen the exisiting sturcture,and then justify whether target is reached by performance in a given financial structure to perform cost effectively its function to promote economic growth.Institutional analysis paradigm consists of absolute advantage hypothesis and relative advantag...
The traditional commercial bank has been challenged seriously by the rapid development of mutual fund in western developed countries especially in the United States. Whether mutual fund can replace the commercial bank or not becomes a focus problem. This article introduces a new advancement of financial theory: the function view of financial system,then using it to analyse the functional differences between the mutual fund and the commercial bank. This article also describes an important characteristic of ...