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Author:Zhang, Dongxiang
Title:Contribution and remark of theory about financial structure (original in Chinese)
Journal:Journal of Zhongnan University of Finance and Economics (c)
1999 : 4, p.14-17
Index terms:FINANCIAL STRUCTURE
Language:chn
Abstract:Raymond.W.Goldsmith,the creator of financial structural theory,thought that the essence of financial development is the financial structure--changes of existing financial tool add structure, which shows a certain rule. It also provide a favorable remark for undeveloped countries to develop finance,they are, financial development doesn't lag economic development;to control the currency inflating and make price stable;to develop non-bank financial organization;to pay attention to fostering organization investors;to carry out financial opening policies and import foreign advanced financial techniques and management experiences.
SCIMA record nr: 200796
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