Outline of the Financial Coordination Operating Mechanism

Author: Qijiuyu
Publisher:
Publish Date: 2006-08-01
Features: This book studies the issue of financial coordination from the perspective of the financial operation mechanism. It conducts a detailed research on the operation mechanism of financial coordination, its content, system, institutional constraints, and the policy of financial coordination operation under open conditions. It also proposes several innovative financial theoretical issues and policy recommendations. For example, the author suggests that the financial operation mechanism includes the driving mechanism, decision-making mechanism, transmission mechanism, and balancing mechanism, etc. Through the evolution of financial institutional changes, it continuously adjusts to achieve coordinated development of finance. The book is rich in content, thorough in analysis, and highly readable. The contributions of this book are primarily: proposing that Western utilitarianism and liberalism's "competition" cannot fully solve all problems in financial development, advocating the use of Eastern traditional culture and Confucian philosophy to "coordinate" the relationship between finance, the economy, and society, coordinate the relationship among financial contents, reduce financial costs, and improve financial efficiency; secondly, proposing how to solve problems by starting from the driving mechanism, decision-making mechanism, transmission mechanism, and balancing mechanism in finance for coordinated development; thirdly, proposing that the coordinated development of the financial operation mechanism must be "fixed" and "solidified" through the reform of financial institutions, followed by continuous monitoring and adjustment, developing in dynamic coordination.