2011•Caijing luncongRequires access

On the Function of Government in Fostering System of High-quality Real Economy Itemsources

Miao Wang

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Abstract

The fostering system of high-quality real economy itemsources is a systematic framework which solves the financing problem of small and medium-sized enterprises.It is good to promote coordinated development between fictitious economy and real economy,and increases social welfare.However,it is a hot issue to use the public finance to fund the small and medium-sized enterprises,which have the characteristics of self-interest.In the paper,we study the theoretical foundation of government and public finance funding the fostering system of high-quality real economy Itemsources,and highlight the irreplaceable role of the government.We introduce some successful experience of developed countries,and put forward the rational functional orientation of government in the system.

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What this paper is about

The fostering system of high-quality real economy itemsources is a systematic framework which solves the financing problem of small and medium-sized enterprises.It is good to promote coordinated development between fictitious economy and real economy,and increases social welfare.However,it is a hot issue to use the public finance to fund the small and medium-sized enterprises,which have the characteristics of self-interest.In the paper,we study the theoretical foundation of government and public finance funding the fostering system of high-quality real economy Itemsources,and highlight the irreplaceable role of the government.We introduce some successful experience of developed countries,and put forward the rational functional orientation of government in the system.

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Available abstract

The fostering system of high-quality real economy itemsources is a systematic framework which solves the financing problem of small and medium-sized enterprises.It is good to promote coordinated development between fictitious economy and real economy,and increases social welfare.However,it is a hot issue to use the public finance to fund the small and medium-sized enterprises,which have the characteristics of self-interest.In the paper,we study the theoretical foundation of government and public finance funding the fostering system of high-quality real economy Itemsources,and highlight the irreplaceable role of the government.We introduce some successful experience of developed countries,and put forward the rational functional orientation of government in the system.

Key concepts: Government (linguistics), Function (biology), Public finance, Quality (philosophy), Welfare, Business, Economics, Social economy

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