The Impacts Of The International Political Resources On Financial Crisis

Financial crisis is like a ghost which accompany with the emergence and development of the capitalist system. The frequency of occurrence and the influence of financial crisis are increasing with the deepening of globalization and interdependence. This financial crisis which was triggered by the U.S. subprime mortgage crisis dragged the whole world into a vortex. To confront the enormous impact, it is very important to make a full understanding of the financial crisis. People have a comprehensive understanding of the financial crisis from traditional theory. However, In order to gain a deeper meaning, this article attempts to interpret the financial crisis from a new perspective.Researches on the financial crisis are numerous, but most of which are form the economic point of view, rarely researches form the perspective of international politics. This article introduces the concept of international political resources, and tries to illustrate the relationship between financial crisis and international political resources from the perspective of international politics. Domestic resource allocation imbalance is an important cause of domestic financial crisis. Similarly, an international political resource allocation imbalance is also an important reason of global financial crisis. Different countries have different international political resources and different degrees of interdependence on political resources, thus their performance in financial crisis may also different. The origin of financial crises in different countries, the scope of its spread is different. Originate in hegemonic states, it often leads to the global financial crisis, such as the financial crisis originated in the United States led to a global financial crisis in 2008. On the other hand, if originate non-hegemonic countries, which are often only trigger the financial crisis in some areas, such as the financial crisis originated in Thailand triggered the Asian financial crisis in 1997. Due to countries have different international political resources, the extent they are impacted from the crisis, the measurements they take to confront crisis and the aftereffects generated by crisis are also different.Following footsteps of the history use the manner of combining theory and historical facts, historical analysis, comparative method, fully demonstrated the point of the paper. This paper from a new point, Prospected the relationship between international political resource and financial crisis. Due to the limitations of the space, this article focus on the influence of international political resources impact on the financial crisis ,that the international political resources impact the financial crisis'sensitivity and vulnerability, influence the result of the financial crisis and affecting the coping Measure of the financial crisis。...