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KCI 후보
서민금융의 규제방향
Research on the People`s Finance Regulation
최동준 ( Dong Jun Choi )
금융법연구 5권 2호 65-90(26pages)
UCI I410-ECN-0102-2012-320-001856213

A decade ago, Korea experienced the financial crisis, which helped regain the financial strength as never before. In the course of the recovery the citizens, the common people, who are low-income, low-credit consumers, suffered to the high interested loan and fell in the under-privileged and excluded segments in the financial markets. The People`s Finance means to provide services and credit by small amounts to the under-served and small businesses. Because of the growing dichotomy between the haves and the have-nots, it is essential to support the People`s Finance for the stable economic growth. The People`s Finance Institutions, which treat the People`s Finance, include Mutual Savings Banks, Credit Unions and Credit Cooperatives, Community Credit Cooperatives, Credit- Specialized Finance Companies, money lenders. It is suggested three ideas to support the People`s Finance. First, the financial literacy and education to the people is necessary. It helps to avoid badcredit status to normal financial status by understanding the importance of the credit in economic livings and establishing a healthy consumption behavior. Before reaching to the normal status they be also helped credit delinquents find jobs in order to make a living by themselves and repay their debt by the no-profit oriented entities. Second, building the People`s Finance Specialized Institution is demanded in order to finance the People`s Finance in smooth. Third, the diversified supervisory power of the People`s Finance Institutions should be united.

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