Since twentieth Century 90 years, the global economic growth is one of the main features of the total amount of financial assets to GDP ratio of rapid rise, while financial development and financial structure among countries and there is a big difference between the financial growth and financial structure of the country has a very important practical significance and practical significance. Country of the representative of Thailand encyclopedia fan small open economies, Asian business "and 1997 Asian financial crisis origin, since the early 1980s, Thailand has experienced financial restraint, financial freedom, financial crisis and the crisis in the large-scale financial restructuring and reform, financial development, financial structure and economic increase have great change, financial development, financial structure and economic increase seminar on relationship country a good case. This paper integrated financial development, financial structure and economic growth and other economic and governance theory, take empirical and standard analysis, historical and comparative analysis, qualitative and quantitative analysis, micro and micro analysis of the method, Thailand finance, financial structure change and economic growth for Thailand economic growth, banking, stock market, bond market, stock market, stock market, bond market and economic growth, the cause, effect and lack of Thailand economic growth and financial development and financial growth and financial development and financial growth and financial development and financial growth and financial development and financial growth. Structure of politics Policy recommendations. This paper is divided into eight chapters. The first chapter basically in the introduction selected topic background and the significance of the topic, for the purpose of this study, research ideas, research methods and innovation stopped briefly introduce. In the second chapter, on the basis of the literature review of financial development and financial structure and economic growth, the characteristics and growth of bank leading and market leading economic forms are compared, and the relationship between financial structure change and economic growth is further analyzed. In the third chapter, from the financial perspective, the difference between Thailand's economic growth and economic growth characteristics before and after the financial crisis, summed up the characteristics of Thailand economic connotation type increase and dependence on investment, after the financial crisis, the Thailand savings rate is stable, the investment rate is greatly reduced, the financial system to explain the weakening of the transformation of savings, is the direct cause of the economic slowdown in Thailand. The fourth chapter recalled the Thai financial intermediary development and economic increase, the advanced banking is Thailand important capital equipment channel and financial freedom stage the effect weakened, after the financial crisis deposits put experience long-term atrophy, in recent years banking assets group combined steering in the purchase of government bonds and issuing cost savings based, shrinking trade deposits, savings investment conversion efficiency is reduced. State owned specialized financial institutions, according to the authority of the authorities to put in credit, other non bank financial intermediaries are based on personal business. The fifth chapter of the Thailand financial market and economic growth in Thailand stock market stopped, and because of the financial liberalization era of listed companies and increase the inflow of foreign capital, he believed in the era to pull large state-owned enterprises listed public ownership, the emergence of two times greater prosperity; promote the Thailand bond market in the financial crisis after crisis and financial capital hedge foreign exchange reserves exchange, government bond balance rapid expansion of state-owned enterprises, and large private companies are slowly bond financing as the main channel, the bond market get rapid growth; the financial market of Thailand in issue focus on individual industries and enterprises, the market scope is small, single product, the lack of higher activity. The sixth chapter of Thailand financial development, financial structure changes and banking, stock market, bond market and economic growth of the relationship between the end of the empirical study, the era of financial liberalization era is divided into two important stages of the post financial crisis era, the application of monthly data, vector autoregressive and vector error modification model framework to stop the multivariate causality test. Financial growth, financial structure and economic growth empirical research notes, from long-term look, bank leading financial structure in two times all be beneficial to economic growth, financial scope of caliber financial growth financial liberalization times unhelpful to the economic increase in the, in the post financial crisis era, on the contrary, explain the era of financial crisis in financial markets, leading financial growth on economic growth effect is negative. Banking, stock market, bond market and economic growth empirical research notes, because of the financial market includes the stock and bond market capital equipment flow is not reasonable, Thailand after the financial crisis era to the bond market and the stock market to leading financial scope to expand the benefits to the economic growth, notes market orientation type actually don't fit in Thailand; a long-term efficacy of the banking sector to economic growth has been positive, its growth should get support, in order to promote the long-term economic increase the potential. In the seventh chapter, the financial development and structural changes in Thailand are summarized, and the reason is that the Thailand government policy, the economic growth method, the bank credit and the financial 目录: |
