2010Zhongyang Caizheng Jinrong Xueyuan xuebaoRequires access

Global Financial Crisis:Causes,Characteristics and Reflection

XU Li-chen

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Abstract

The paper, combined both theoretical and practical research results, from the macro-micro two-round, summaries the reasons of the 2008 financial crisis, comparatively analysis the different characteristics between the current global financial crisis and The Great Depression of the 20th century, 30 years, reflect the lessons of present financial crisis From economic fluctuations, financial innovation, financial supervision perspectives.

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The paper, combined both theoretical and practical research results, from the macro-micro two-round, summaries the reasons of the 2008 financial crisis, comparatively analysis the different characteristics between the current global financial crisis and The Great Depression of the 20th century, 30 years, reflect the lessons of present financial crisis From economic fluctuations, financial innovation, financial supervision perspectives.

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Available abstract

The paper, combined both theoretical and practical research results, from the macro-micro two-round, summaries the reasons of the 2008 financial crisis, comparatively analysis the different characteristics between the current global financial crisis and The Great Depression of the 20th century, 30 years, reflect the lessons of present financial crisis From economic fluctuations, financial innovation, financial supervision perspectives.

Key concepts: Financial crisis, Great Depression, Financial system, Macro, Economics, Geography of finance, Business, Finance

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