Therefore, China should proactively develop non-banking financial institutions to diversify our financial system, open domestic market to satisfy demands for a multi-level and diversified finance, improve financial market access mechanism, optimize the structure of market players and promote coordinated development between stock market and banking sector.
The financial system appeal intermediary function during the process of monetary policy transmission, money channel is price transmission from monetary policy to market retail interest rate .
The capital supervision and regulation After opening capital account mainly adapts to the international and domestic financial condition change,making international capital dramatically move slowly to abate the assault of the domestic financial systems, preventing the financial crisis and the financial crisis infection .
The financial system appeal intermediary function during the process of monetary policy transmission, money channel is price transmission from monetary policy to market retail interest rate .
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.