全球性金融危机对东欧国家的冲击：表现、原因及对策

本文就当前全球性金融危机对东欧国家的冲击和影响进行研究。文章第一部分考察了东欧国家在金融危机中的表现。第二部分分析这些国家在金融危机冲击下表现出强烈脆弱性和不稳定性的具体原因。文章最后进行总结并提出一些建议。     

全球金融危机对中国经济的冲击

去年夏天,在美国次级房贷危机刚刚开始的时候,不少人认为,由于中国的银行和其它金融企业在美国次贷抵押债券市场上卷入不深,因此所将要受到的波及可能会十分有限。近7个月来的危机发展过程证明,这种预测实在是一种盲目的乐观。     

东南亚金融危机给我们擦亮了眼睛

从去年5月开始的金融动荡,似乎还没有过去。在这场世界性的金融风波中,我国经济迄今为止未受什么即期的影响,继续保持了突出的良好表现,令世人瞩目。但是,我们也要及时分析这一波动可能对我国产生的各种中长期的影响,提前加以防范。一、值得汲取的经验教训此次东南亚金融风波对于我国来说,可以借鉴的经验教训至少有三点:     

金融危机对中国市场经济影响初探

以美国为首的次贷危机引发的经济衰退席卷全球．严重地打击了世界经济各国投资者和消费者的信心。全世界都要建立信心,来抵御这次金融危机,从而实现更好更快地平稳发展。     

金融危机冲击下的内蒙古经济

从2008年9月中旬开始,一场由美国次贷危机引发的金融风暴正在席卷全球,这已经成为人们关注的焦点话题。随着金融危机的深度蔓延,全球经济的健康发展已受到严重影响,从华     

论防范金融危机的几个问题

<正>亚洲金融危机为经济高速成长国家敲响了警钟。刺激——膨胀——危机是经济发展的普遍规律吗?不少学者从许多方面论证了中国不会发生金融危机,但有关论述多是从宏观政策面及国际资金流向等方面来看问题。笔者认为,金融危机的阴影已在中国大地徘徊,并且如果爆发的话,那么导火线一定在国内。     

金融危机后中国物流市场发展特征分析

全球金融危机爆发以来,中国物流发展的外部环境发生了剧烈变化。在应对危机的过程中,中国物流市场不再延续以往高速增长、规模持续扩大、供给不断改善等基本特征,而是呈现出诸多新变化。本文尝试从物流市场总体规模与区域结构、市场需求与供给等角度对近两年中国物流市场的主要特征进行分析,以把握中国物流市场的最新变化。     

韩国金融危机对我国的启示

一、韩国金融危机的爆发过去三十余年来,韩国政府凭借国家资本主义的集团作战方式,以出口导向作为经济发展策略,从一个贫穷落后的农业国家,迅速发展成为全球第十一大经济体系。８０年代以来,其经济增长率每年超过８％,与台湾,新加坡,香港并列为“亚洲四小龙”。１...     

后金融危机时代中美战略互信探讨

经历了本轮金融危机的洗礼,中美两国的态势对比已经发生了一些变化。其对两国、区域乃至全球事务都产生了深远的影响。如何从战略宏观层面增进互信,维持双边关系的稳定,成为了当下两国所面临的一个重要课题。本文主要通过介绍中美战略互信的概念与背景,并从政治、经济以及军事三个层面分析当前中美战略互信现状,旨在探讨深化中美战略互信的对策,并得出相应结论。     

近期越南金融危机的评估

按照国际通行标准,越南已经发生金融危机。越南金融危机事出有因,是其经济虚高增长的矫枉过正,它对周边国家经济影响有限,但给我们提供了经验教训。只要发展基础没有改变,越南今后的经济前景仍可看好。     

Capital requirement and financial crisis: The case of Japan and the 1997 Asian crisis

This study investigates the direct link between the implementation of the 1988 Basel capital requirement in Japan and the shrinkage of banks’ foreign assets, particularly in Thailand in the 1990s. The empirical analysis proceeds in two stages. The first stage investigates the hypothesis that the capital crunch in Japan induced Japanese banks to alter their portfolios and reduce their foreign assets. The second step tests the hypothesis that the change in behaviour of the Japanese banks induced the increase of the probability of financial crisis in Asia. Our results support the responsibility of the Japanese capital requirement, among other factors, in triggering the 1997 Asian financial crisis as an external common shock and give a new angle on the financial crisis literature.     

Contagion in the stock markets: The Asian financial crisis revisited

This paper presents empirical evidence of herding contagion in the stock markets during the 1997 Asian financial crisis, above and beyond macroeconomic fundamental driven co-movements. We analyze the cross-country time-varying correlation coefficients among the stock prices for the countries of Thailand, Malaysia, Indonesia, Korea, and the Philippines, between crisis and tranquil periods. Macromodels are constructed and implemented to capture the pure contagion effects on the markets. After controlling for the economic fundamentals for the five countries, the paper finds strong evidence of herding contagion.     

The financial crisis and the well-being of Americans

The Great Recession was associated with large changes in income, wealth, and unemployment, changes that affected many lives. Since January 2008, the Gallup Organization has been collecting daily data on 1,000 Americans each day, with a range of self-reported well-being (SWB) questions. I use these data to examine how the recession affected the emotional and evaluative lives of the population, as well as of subgroups within it. In the fall of 2008, around the time of the collapse of Lehman Brothers, and lasting into the spring of 2009, at the bottom of the stock market, Americans reported sharp declines in their life evaluation, sharp increases in worry and stress, and declines in positive affect. By the end of 2010, in spite of continuing high unemployment, these measures had largely recovered, though worry remained higher and life evaluation lower than in January 2008. The SWB measures do a much better job of monitoring short-run levels of anxiety as the crisis unfolded than they do of reflecting the evolution of the economy over a year or two. Even large macroeconomic shocks to income and unemployment can be expected to produce only small and hard to detect effects on SWB measures. SWB, particularly evaluation of life as a whole, is sensitive to question order effects. Asking political questions before the life evaluation question reduces reported life evaluation by an amount that dwarfs the effects of even the worst of the crisis; these order effects persist deep into the interview, and condition the reporting of hedonic experience and of satisfaction with standard of living. Methods for controlling these effects need to be developed and tested if national measures are to be comparable over space and time.     

金融危机改变美国人生活

有一个中国老太太和美国老太太的故事曾广为流传,说的是中国老太太攒了一辈子钱,临死前终于住上了新房;美国老太太则先贷款买房,住了一辈子的新房。如今,不知道是中国老太太笑了,还是美国老太太哭了     

透过金融危机看我国的金融监管

从根源上看,以美国次贷危机为导火索的全球金融危机与金融监管不力密切相关。本文从金融危机的成因及传递机制入手,对金融监管在整个金融体系中的重要作用进行分析,并针对目前的金融危机,对改革金融监管提出了自己的一些意见     

商品与网络的适应关系

为保证中国金融市场健康、安全快速发展 ,对金融危机理论进行深入的探讨无疑有迫切的重要现实意义。本文针对金融危机形成机理 ;提出一系列建设性的治理对策。