The paper makes the following conclusions by analyzing the process of Japan's financial liberalization, the evolution of economic functioning environment is the most powerful impetus to promote the reform of financial system and the financial liberalization;
The policy practice of the monetary system reform of our country Objectively formed today's pattern of capital market in more than 20 years, offering the realistic foundation for continuing developing the enterprise bond market of our country.
Analyzing the conclusion of drawing synthetically finally: On the basis of the demand of banks' eager change of our country, the monetary system reform of China can use the above experience for reference, Introduce the private bank of the real market meaning, develop private finance, break up the market monopolization of the bank in the system, thus realize the basic change from finance of the plan to market finance.
Finally, combining with Chinese financial system reform and monetary policy practice in recent years, I analyze the micro-foundation and policy implication of Chinese monetary transmission mechanism.
Based on the review of the process during which the non-bank financial institution risks produce, the thesis propose that the risks of non-bank financial institutions are mostly systematic risks, to prevent which should focus on the depth of economic and financial system reform to address the incremental risk and resolve the risks in the development.
By drawing on the experiences in financial system reforms of the U. S. , Japan, and South Korea, the author of this thesis suggests that domestic financial reforms have to give up the present planned and monopolized approaches, reduce inequality of original rights, and establish a new financial system based on market laws.
For these reasons APEC economies see as a priority, the development of bond markets as an integral element of financial system reform.
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Since the early 1980s, Fiji has undergone a gradual process of financial system reform.
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Understanding the reasons why appears to be central to policy discussions of financial system reform.
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The system of the loan reserve for bad debts is universally adopted by the commercial banks to offset the bad debt loss of loans.In view of the difference between China and the advanced countries,China should better the current sysytem and this is one of the important aspects in today's financial system reform.
In the 1990s financial crisis broken out in many countries and regions were related not only to bubble economy,adverse trade balance of payment and excessive foreign loans,but also to speculative attacks of international short term capital under the circumstances of financial markets going globe, especially those of hedging funds. To avoid the occurence of similar financial crisis, restraining excessive trade speculation of financial derivatives, regulating keeping strict with trade rules of financial marke...
Financial risk-taking is now tending to grow rapidly rightly because of the institutional defects emerging in the course of mechanism changing. This paper aims at looking for the cause of financial risk by analyzing the institutional defects and points out that only through reforming the existing financial, business and monetary institutions, and relying on market forces can financial risk be prevented and resolved.