DocumentCode :
2802916
Title :
The judgment of the degree of rural financial deepening in Jilin Province and the measures
Author :
Wanjun, Jia ; Chunli, Meng ; Duoduo, Yu
Author_Institution :
Changchun Univ. of Technol., Changchun, China
fYear :
2011
fDate :
15-17 July 2011
Firstpage :
2726
Lastpage :
2729
Abstract :
The financial repression constraints the development of the rural economy, but the financial deepening is good to it. The financial deepening is benefit to overcome the financial repression. This paper puts forward the measures to rural financial deepening in Jilin Province, and the measures are as follows: first is to relax the controls of the interest rate in order to make the rural financial market interest rates liberalize; second, is to lower the capital threshold to enter the rural financial market, and relax the regulation; third is to play "leading function" of the Agricultural Development Bank and agricultural policy insurance institutions, leading more capital into the rural market; Fourth is to establish a mechanism making the capital flow into rural areas; fifth is to reduce the direct subsidies to farmers, and the indirect subsidies are implemented to farmers through the agricultural and political financial institutions.
Keywords :
agriculture; economic indicators; financial management; insurance; Agricultural Development Bank; Jilin province; agricultural policy insurance institutions; capital flow; capital threshold; direct subsidies reduction; farmers; financial repression constraints; interest rate control; leading function; political financial institutions; rural economy; rural financial deepening; rural market; Area measurement; Correlation; Economic indicators; Finance; Finite impulse response filter; Rural areas; financial deepening; financial repression;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Mechanic Automation and Control Engineering (MACE), 2011 Second International Conference on
Conference_Location :
Hohhot
Print_ISBN :
978-1-4244-9436-1
Type :
conf
DOI :
10.1109/MACE.2011.5987548
Filename :
5987548
Link To Document :
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