论金融全球一体化条件下国际资本流动的冲击

On the Shock by International Capital Flow under Financial Globalization

在经济全球化的趋势下 ,金融市场也在走向全球一体化。金融全球化既给各国带来好处 ,也给各国带来风险 ,国际资本流动冲击 ,就是金融全球化的风险的突出表现。 90年代多个国家正是在国际资本流动的冲击下爆发金融危机。该文通过分析国际资本流动对一个国家金融部门、金融市场和总体经济产生影响的途径、机理和后果 ,揭示了金融全球化的风险 ,指出了发展中国家在获取金融全球化的利益的同时 。

Financial globalization results in both benefits and risks for every country in the world. The main risk is the shock by international capital flow. This paper analyzes the impacts of international capital flow on banks, financial markets and domestic economy of charged countries, including its mechanism and process. It sounds the warning that developing countries must pay attention to international capital flow while getting benefits from it.