消费金融外文文献翻译2017必威体育精装版译文.doc

　　文献出处Demetriades P. The Research of consumer finance andeconomy growth [J]. The Economic Journal, 2017, 1（5）： 83-93. 　　原文 　　The Research of consumer finance and economy growthDemetriades P 　　Abstract 　　Consumer finance to expand domestic demand, promoting economicgrowth has become increasingly obvious role. Its sound development isconducive to give full play to the role of consumption to the economicdevelopment. Development of consumer credit is to provide continuousand stable impetus for economic growth. As a result of the investment topromote economic growth and not by is never adjust resulting in excesscapacity, industry structure imbalance, and many other problems. And cangive full play to the advantages of the market economy, consumerdemand. Guide the rational allocation of resources, so the consumption isstable and continuous power of economic growth. Consumer financecompanies should according to the actual situation, research anddevelopment of complete product system, to strengthen the constructionof channels, expand the scope of business. 　　Keywords: consumer finance, economic growth, consumer credit1 Itroduction 　　Consumer finance refers to some institutions offering loans to householdsor individuals, specifically to meet the consumption needs of modernfinancial services. Consumer finance begin really started from the 1990 s,after 20 years of development, for the purpose of individual andhousehold consumption loan scale expands rapidly, the loan application isincreasingly wide, consumer finance has become the indispensableimportant component of financial markets. Consumer financedevelopment to a certain extent, meet the residents of the growingmaterial and cultural consumption demand, is conducive to expandingdomestic demand, reduce the GDP of excessive dependence oninvestment and exports, promote healthy economic growth. 　　2 Literature review 　　Fisher, in his 1930 book presents consumers to buy now and afterspending time preference selection theory, name