But because of various kinds of reasons, the development of the corporate bonds market in our country has long been lagged which is not only incompatible with the theories of corporate bonds market, disaccordable with the practice of international bonds market but inadaptable to the financial system reforming requirement and our country's national economy development.
As a more effective method to distribute resources, it is one of the basic contents of financial system transformation in China. It is also a process in which government or currency authorities will gradually loosen or quit their direct control or restriction on interest rate, and therefore make capital demand to decide the level of interest rate.
We should continue deepening the reform of financial system, promoting the marketization of interest rate and exchange rate to achieve the absolute convertibility of RMB.
With the strengthening of the comprehensive power of our country and the continual perfection of financial regulation and supervision mechanism,the gradual releasing of the oppression on market entrance of private banks should be the rational choice for deepening the reform of financial system.
But because of various kinds of reasons, the development of the corporate bonds market in our country has long been lagged which is not only incompatible with the theories of corporate bonds market, disaccordable with the practice of international bonds market but inadaptable to the financial system reforming requirement and our country's national economy development.
Therefore, it is necessary to regulate the market and balance between supply and demand, industrial restructuring, reform the financial system, control of polarization so many good grasp of macroeconomic regulation and in a timely change of government functions under market economy conditions so as to avoid economic crisis.
It is a challenge to the monetary policy in our country finance system switcher process. Therefore our country should pay attention to the financial property price,the interest rate reformation when implementing monetary policy practise. It can improve the policy’s validity.
With the further development of Chinese economy and banking system reform,interest rate lever regulating action constant and prominent to macroeconomy keeps on acclerating interest rate marketization.
The new financial system based on diagnosis-related groups will be in favor of private investors compared to the governement-dependent university hospitals.
In 2000, Ecuador adopted the dollar as its official currency and gave up the sucre in a desperate move to halt inflation and help a distressed financial system.
The results show that the government has to embark on SME policies designed to disseminate the information on support programmes widely, and to speed up the reform of the financial system, legal framework and law enforcement.
As noted by Gurley and Shaw, there is a typical pattern of economic development in which the evolution of the financial system is an essential aspect of the growth process.
The paper uses a general equilibrium model of the financial system to explore whether banks would choose to use a countercyclical, procyclical or neutral rating scheme.
The Internet-banking system is semi-formally described using Unified Modeling Language (UML) to specify the behavior and state of the system on the base of analyzing the existing qualitative risk assessment methods.
A case study was performed on the WEB server of the Internet-banking System using fuzzy-set based assessment algorithm to quantitatively compute the security risk severity.
Developing market is the main direction of deepening rural reformation in 1990. In present time, it ismore important to cultivate and develop rural factor market, aiming at forming and perfacting the land market, the financial market and the lahour market, putting productive factors to rational use. The critical tactic of developing theland market is to deepen the property institution reformation of rural land, establish the circulation mechanism of landright to use. For developing rural financial market, i...
The official interest rate system that practice always over a long period of time of our country,the financial industry did not draw up the independent power of the interest rate,it controlls the financial industry development.The interest rate market is a key way to resolve the financial market to receive with the basic exit of the savings deposit reposition of redundant personnel problem,adopt the necessary means to evade the interest rate market to turn the risk.Therefore,in order to speed the financial ...