Endogenous Financial Development, Government Function and a Theoretic Model of the Development of a Financial Submarket
Traditional financial development theories were all studied on the financial development as a whole system, this research method can not, by all appearance, explain the great diversity in finance system among each economy. The paper brings forward a finance sub-market development model, using the research fruits of financial development theories. And based on the model, linking the view of market-enhancing of government function, we make up a finance sub-market development model with a factor of government function. And then the two modes of government unsuitable interposition in the process of a financial submarket development were discussed.
Finance Development Financial Submarket Government Function
Dong Fenyi Zhai Zhenjie Liu Fang
College of Information and Management Science, Henan Agricultural University , Zhengzhou P.R.China, 450002
国际会议
郑州
英文
2008-09-20(万方平台首次上网日期,不代表论文的发表时间)