International Financial Risk Research With The International Financial Crisis

This dissertation is a study of financial crises in the developing countries from the perspective of macro and micro factors that bring about finnacial crises and their lessons to be drawn by china to keep financial disasters off.The following questions are the focus of the dissertation:What are the international background of financial crises?What are the domestic economic fundamentals of financial crises?What are the reasons behind the unstable charactcr of finanˉcial markets?What are the connections between financial liberalizaˉtion and financial crises?What are the lessons of emerging market countries and how to ensure financial stability for China? These questions are covered by six chapters.The First chapter makes comments on the theoretical and empirical researches of finanˉcial crises in the western countries and deals with major personal views and research methods on financial crises in the emerging marˉket countries.This chapter offers a comprehensive review of theoˉretic models on financial crises. The second chapter describes today s global environment and the features of international financial transactions.National economic well_being increasingly relies on global financial markets.Within these markets,a wide variety of specific instruments,inclunding===================...