金融危机理论演进与发展研究

随着我国金融开放的深度和广度的不断提高,旧有风险进一步暴露,新的风险进一步产生。我国经济受全球经济波动的影响越来越大,发生金融危机的可能性也在增大。由于金融危机的最大特征就是货币的急剧贬值,关于货币危机的研究也最为成熟,目前已形成四代理论模型。而银行业危机理论和外债危机理论的研究比较分散,还没有形成像货币危机理论那样完善的体系。

The Historical Review on Financial Crisis Theories

As entering the to the WTO, Chinese financial system opens to the world more deeply and widely. The old risks are exposed with new risks. Chinese economy is affected by the global economic fluctuation, hereby increasing the possibilities of financial crisis. According to the classification by IMF, financial crises can be divided into currency crisis, banking crisis, foreign debt crisis and systematic financial crisis. Since financial crisis is characterized by a sharp depreciation of the currency, the study of currency crises is the most mature involving four - generation models. The studies of banking crisis and foreign debt crisis are relatively decentralized without an integrated system.