A Research on Credit Ration in the Transitional Period in China
The western theory of credit ration is under the background of the modern market economy. It has been regarded as a good method of credit risk management and an important approach for money policy since the school of Adam. Smith and Keynes. With the development of our credit market, the phenomenon of credit ration exists widely, but it is different from that in western country. This paper firstly analyzes the phenomenon of credit ration, then focuses on the efficiency of macro-economy or micro-economy by the credit ration. In the end, this paper discusses how to solve the problems caused by credit ration.