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Financial Tsunami: An Analysis of Its Spreading Routes and Options of Countermeasures
09.12.2012  Views:1400   Author:CAO Long-qi 
Publications issued:Shenzhen University Journal(Humanities & Social Sciences),2009(01) 

銆恡itle銆慒inancial Tsunami: An Analysis of Its Spreading Routes and Options of Countermeasures
銆恆uthor銆慍AO Long-qi锛圱he Research Center of Chinese Special Economic Zones; Shenzhen Univ.; Shenzhen 518060锛;
銆怉uthor Affiliations銆 China Center for Special Economic Zone Research
銆恠ource銆 Shenzhen University Journal(Humanities & Social Sciences),2009(01)
銆恔ey words銆憇ubprime mortgage crisis; financial tsunami; dollar depreciation; internationalization of RMB;
銆恆bstract銆慡ubprime mortgage crisis is escalating.The global financial market is in great turmoil.Many people are bogged down with confusion and horror.By examining the process in which this crisis evolves,we observe that the starting and spreading of the crisis basically owes to the incompleteness and distortion of the market economy system against the backdrop of uneven development of global economy;the objective and the practice of pursuing maximal profits and minimal risks against the backdrop of America鈥檚 privile...
 
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