Improving Financial Regulation Policy Environment,Consummating Monetary Policy Transmission Mechanism——A Review of and Outlook at Financial Macro-regulation in 2005
There is a sudden structure change in the relationship between financial structure and economic growth in the period of 1999 Q1—2000 Q4 due to the economic and financial adjustment after the Asian Financial Crises.
The problem of monetary policy transmission is the most complicated and realistic problem in the financial adjustment in China, it is related with macro and micro economic elements and the choice of monetary policy.
Monetary policy transmission is the most complicated and realistic problem in the financial adjustment in China, it is related with macro and micro economic elements and the choice of monetary policy.
In practice ,monetary policy transmission is the most complicated and realistic problem in the financial adjustment in china ,it is related with macro and micro economic elements and the choice of monetary policy .
In the open-economy conditions,the validity of financial adjustment policy in one country will be affected by international politics and international economy and external economic policies of other countries.
This system includes Law of National Economy and Social Development Plan, Statistics Law, Financial Law, Tax Law, Financial Regulation and Control Law, Investment Law, Industrial Policy Law, Price Law, International Balance of Payment Law, Audit Law, and Economic Adjudication Law etc.
Proceeding with institutional improvement, establish the complete regional financial policy system in several aspects such as regional financial organizing system, regional financial market system, regional financial regulation and control system, and regional investment policy, regional fiscal policy cooperating with regional financial policy, in order to progressively solve the practical problem that exist in the finance development in the regional economy at present, and put forward the pertinence suggestion on the financial development of the weak area.
This kind of research on financial regulation and control mechanism with micro foundation as the key element of financial institution ,not only has offered the new visual angle to the study on financial system poor efficiency in China's transition course but also have stronger realistic meanings in improving macro economical operation.
Unfortunately, it is information about formal mechanisms for planning and financial control which has until now tended to be communicated from the Eastern bloc to the developing countries, rather than a realistic account of problems and achievements.
Understanding the system of financial control in the pre-existing régime of 'classical' socialism is a key to understanding what might go wrong in the transition.
It outlines how the introduction of market concepts in the National Health Service necessarily changes the objectives of the service and hence its control systems, particularly its financial control systems.
Central levels of government in European Union member countries are different regarding their basic institutions, powers, fiscal systems, accountability, public performance management, financial control bodies, and the like.