| Along with the development of the social economy, the supply and the demand of merchandise separated from each other, both temporally and dimensionally. And the currency, separating from the real economy, motioned dependently beyond the common merchandise exchanges. The above-mentioned change buried hidden troubles for the bursting of financial crises, and the bursting of financial crises always hurt the social economy tremendously. As the development of the human society, economists are unceasingly exploring measures to prevent financial crises, and they have designed comparatively complete systems. Among these systems, the most representative ones include Marx's capitalism economy crisis theory, Keynes' economy cycle theory, Krugman's financial crisis model (the first generation), Obstfield's financial crisis model (the second generation), and the third generation of the financial crisis represented by the moral hazard crisis model. Theses theories deeply dissertated financial crises from different angles, and they are our precious treasure. Of course, because of the defects of eras and individuals, these theories have some certain defects, even inaccuracies, but they provided us very valuable theoretical evidences for researching financial crises. Compared with financial crises before 1970s, the bursting of modern financial crises possess a very important character, which is that the bursting of financial crises centralized in developing countries with large territory andpopulation. Especially, after reforms of their economy, these developing countries possessed strong national powers as well as they kept multi-dimensional economy structures. It is a big regrets that there isn't special theoretical system connecting multi-dimensional economy with financial crisis. Because of this, I want to discuss this question in this thesis. As the concept of multi-dimensional economy is not widely used in economics, I will use the concept of dual economy as usual.This thesis includes five chapters. The first chapter is the start point of the whole thesis, and I will compare the dual economy with the difference between economies of eastern and western China. As the development of the social economy, the so-called dual economy, researched by economists such as Lewis, has developed into three dimensions, four dimensions, and even much more dimensions, and this is what we usually called multi-dimension. But, no matter how great the economy changes will be, the basic economical characters will be fairly similar. Because of this, first in this thesis I will summarily analyze and induce characters of dual economy and compare it with the difference between economies of eastern and western China. Due to various reasons, the gap between eastern and western china's economy becomes larger and larger, and the trend tends to continue. In this thesis, I will analyze this question simply, and compare our condition with other countries with similar conditions, and at last several conclusions will be given. In thesecond, I will empirically analyze financial crises of dual economy countries. Basing for the next chapter, I will mainly analyze the causes of financial crises of east southern Asia, Brazil, Mexico, Argentina and Russia and some core questions in these courses. The third part of the thesis is the mechanical analysis of causes of financial crisis in dual economy countries, emphasizing on the causes of financial crises in dual economy countries. There are many reasons that can cause financial crisis, in this article I will emphasize on the financial system's frangibility, bubble economy, excess financial opening and the inefficiency of financial supervision system in dual economy countries. In the fourth part, the conduction system of financial crises in dual economy countries will be deeply studied. After 1980s, one big character of financial crises in dual economy countries is the conductivity, not only domestically but also externally. In this part, the conduction system will be studied, both theoretica...
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