文献出处:Demetriades P. The Research of consumer finance and economy growth [J]. The Economic Journal, 2016, 4(2): 83-99.
The Research of consumer finance and economy growth
Consumer finance to expand domestic demand, promoting economic growth has become increasingly obvious role, its sound development is conducive to give full play to the role of consumption to the economic development. Development of consumer credit to provide continuous and stable impetus for economic growth. As a result of the investment to promote economic growth and not by is never adjust resulting in excess capacity, industry structure imbalance, and many other problems. And can give full play to the advantages of the market economy, consumer demand, guide the rational allocation of resources, so the consumption is stable and continuous power of economic growth. Consumer finance companies should according to the actual situation, research and development of complete product system, to strengthen the construction of channels, expand the scope of business.
Keywords: consumer finance, economic growth, consumer credit
Consumer finance refers to some institutions offering loans to households or individuals, specifically to meet the consumption needs of modern financial services. Consumer finance begin really started from the 1990 s, after 20 years of development, for the purpose of individual and household consumption loan scale expands rapidly, the loan application is increasingly wide, consumer finance has become the indispensable important component of financial markets. Consumer finance development to a certain extent, meet the residents of the growing material and cultural consumption demand, is conducive to expanding domestic demand, reduce the GDP of excessive dependence on investment and exports, promote healthy economic growth.