<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>As an important part of the national economy, finance plays a leading role in the configuration of the daily production life of urban and rural enterprises and residents. In order to promote the further development of China’s rural economy, deepen rural financial reform, and seek the formation mechanism and countermeasures of China’s rural financial vulnerability, this paper proposes a research method based on Markov model for analyzing the formation mechanism and countermeasures of China’s rural financial vulnerability. The results of the study show that the method effectively reveals an overall decreasing trend of rural financial vulnerability in China in recent years. In response, more reasonable rural financial institutions should be established to optimize the rural industrial structure and improve the ability to prevent rural financial risks, while conducting dynamic organizational management to ensure that the organizational structure and organizational management of rural finance must be compatible with the coordinated development of the rural economy and finance.</p>
</abstract>

As an important part of the national economy, finance plays a leading role in the configuration of the daily production life of urban and rural enterprises and residents. In order to promote the further development of China’s rural economy, deepen rural financial reform, and seek the formation mechanism and countermeasures of China’s rural financial vulnerability, this paper proposes a research method based on Markov model for analyzing the formation mechanism and countermeasures of China’s rural financial vulnerability. The results of the study show that the method effectively reveals an overall decreasing trend of rural financial vulnerability in China in recent years. In response, more reasonable rural financial institutions should be established to optimize the rural industrial structure and improve the ability to prevent rural financial risks, while conducting dynamic organizational management to ensure that the organizational structure and organizational management of rural finance must be compatible with the coordinated development of the rural economy and finance.

Formation mechanism of financial vulnerability in rural China based on Markov model and countermeasures

Applied Mathematics and Nonlinear Sciences

This work is licensed under the Creative Commons Attribution 4.0 International License.

As an important part of the national economy, finance plays a leading role in the configuration of the daily production life of urban and rural enterprises and...

Formation mechanism of financial vulnerability in rural China based on Markov model and countermeasures

Published Online: Apr 28, 2023

Page range: 3175 - 3186

Received: Feb 07, 2022

Accepted: Jul 05, 2022

DOI: https://doi.org/10.2478/amns.2023.1.00029

Keywords
Markov model, rural finance, financial vulnerability, rural economy, formation mechanism and countermeasures

© 2023 Kangkang Cheng, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Formation mechanism of financial vulnerability in rural China based on Markov model and countermeasures

Published Online: Apr 28, 2023

Page range: 3175 - 3186

Received: Feb 07, 2022

Accepted: Jul 05, 2022

DOI: https://doi.org/10.2478/amns.2023.1.00029

KeywordsMarkov model, rural finance, financial vulnerability, rural economy, formation mechanism and countermeasures

© 2023 Kangkang Cheng, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
Markov model, rural finance, financial vulnerability, rural economy, formation mechanism and countermeasures