金融危机向经济危机传导的路径分析

The Conduction Path from Financial Crisis to Economic Crisis

始于美国的次贷危机,并没有像分析家们最初预期的那样,很快风平浪静,反而愈演愈烈,最终引发了全球金融市场动荡,进而演变为全球经济危机。本文对次贷危机演化为金融危机,金融危机转变为经济危机的传导路径进行了分析,并提出加强政府监管防范金融危机的建议。

Originated in the United States, the subprime crisis has triggered the turmoil in the world financial market and eventually evolved into the global economic crisis rather than disappearing quickly as certain analysts had expected. The paper analyzes the conduc- tion path from the subprime crisis to financial crisis, then to the economic crisis and puts forward suggestions to strengthen the government＇s supervision so as to safeguard against financial crisis.