About Our Financial Security And Financial Risks

With the change of the international economical situation and especially the break out of financial crisis in Asian countries, modern people began to pay unprecedented attention to economical risks and economical crises existing all the time and everywhere, and people' s consciousness to keep away economical risks were increasingly enhanced. While fiscal security, the important part of national economical system has gradually became the focus of fiscal study. At all times and in all over the world, the cases, in which fiscal crises lead to economical paralysis, social turbulence and government collapse, gave people the caution. To analyze deeply the essential causes for fiscal risks and crises, discuss the fiscal security strategy and implement measures with each countries' own background, has become the subject for study all over the world.Since the international political and economical situations have changed rapidly, many banks were frequently put at risk and regional financial crises constantly broke out in some countries in recent years. Especially since the 1990' s, the financial crises have broke out successively in the developing countries, ranging from Mexican financial crisis to South-east crisis, and then followed by Russian crisis and Brazilian crisis, which exposed the frangibility of global finance and the hidden trouble of national economical security. In practice, it shows that the increase of the financial risks and their break out tend to be related directly or indirectly with government debt crises and financial payment crises. National fiscal power determines how capably and effectively a government can deal with the financial crises. The loss caused by the financial crises holds the governmental public finance responsible for it. Hence, each country takes the prevention against financial risks and assurance of the financial security as it' s highest priority and also actively explores the measures as to how to prevent and solve the financial risks and how to maintain the financial security.