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| Good Finance and Good Society: the Question Raised and It’s Answers |
| BEI Duoguang
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| Council of Center for Microfinance Initiatives and Networks, Renmin University of China |
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Abstract Good finance and good society is a direction and a destination to which financial reform and development in China should be guided to go, and also a new requirement that an economy and society should have. The paper firstly presents why the issue of good finance and good society needs to be raised in the contemporary era; and then recalls some financial approaches improving society, taken by developed economies as well as the related research done by Robert Shiller; and furthermore, analyses some cases of microfinance and their significance in China after introducing Yunus’ model; and finally provides an exploring explanation of the relationship between good finance and good society. The conclusion is that good finance means that financial industry is able to promote a society with fairness and justice. The financial structure in China is about to go to that direction.
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Received: 20 June 2015
Published: 19 April 2018
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