金融危机形成理论的虚拟化--综述与评价

本文认为,从早期的金融危机形成理论到现代货币危机模型,对金融危机形成机理的研究逐渐从侧重关注实体经济领域转而侧重关注虚拟经济领域,呈现出不断"虚拟化"的趋势.毫无疑问,伴随着经济全球化的脚步,世界经济运行出现了许多新的特征,因而对金融危机形成机理的研究,必须系统了解金融全球化背景下的现代金融体系历史演进和现状,深刻认识当代经济的虚拟化进程.

A Summary and an Appraisal on Virtualized Mechanism on the Generation of Financial Crisis

This paper holds that either in the early generative theory of financial crisis or in the modern monetary crisis model the research into the generative mechanism of financial crisis has gradually been shifted from the field with special emphasis laid on real economy to that on virtual economy, hence appearing a trend towards a continual virtualization. There is no doubt that, with the economic globalization, new features emerge in the world economic operation. And, therefore, a systematic understanding should be made of the evolution and the status quo of the modern financial system under financial globalization as the background. On the basis of this, the paper points out the direction to the further study and draws an initial conclusion.