新兴市场国家金融危机原因浅析

新兴市场国家经济在过去的20年里取得了举世瞩目的成就,但自20世纪90年代开始,其却频频受到金融危机的冲击:1994年的墨西哥危机、1997年的东南亚危机、1998年的俄罗斯危机、2001年的阿根廷危机。这反映了新兴市场国家在金融全球化进程中的脆弱性。本文主要详细分析新兴市场国

A brief analysis on causes of financial crises in the emerging markets

During the last two decades years, the emerging markets are rapidly developing and have made an economic miracle. But since 1990s', the emerging markets frequently have suffered from the financial crises: the Mexico crisis(1994),the southeast Asian crisis(1997),the Russia crisis(1998),the Argentina crisis(2001).Those crises reflect the fragility of the emerging markets following the rapid development of the financial industry. This article provides detailed analysis of the causes and the occurring mechanism of the financial crises arising from the emerging markets.