Open Financial Liberalization And Its Economy

On the condition of open economics, with the development of financial internationalization, liberation, and integration, and with the prosperity of financial innovation, the capital flow has increased rapidly and its amount is very generous. It has brought about vast shock to every country in the world, specially, to the developing country, and its direct result is economic turbulence and financial crisis. The basic cause leading to financial crisis lies in the imbalance of economic structure, in the meanwhile, it is connected directly with the financial liberation and the faulty policy of currency and finance in the course of the financial liberation. This thesis intends to make a research on the financial liberation and its development under an open economics, probing into the model, the condition and the sequence of financial liberation, and inquiring into the coordination of various economics and finance policies in the course of economic openness, and the strategy of financial openness after our country's entrance to WTO. in the light of the financial risk caused by financial liberation, the thesis puts forward the policy strengthening and perfecting the system of harmony supervision of international finance, and its aim is to promote economic increase and to defense financial risk and to resolve the financial crisis, and to provide the reference for the financial liberation of our country after our country's entrance to WTO.