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International Financial Risk Derivatives In The Financial Crisis Early-warning Applications

Posted on:2002-09-28Degree:MasterType:Thesis
Country:ChinaCandidate:B LinFull Text:PDF
GTID:2206360032452129Subject:World Economy
Abstract/Summary:PDF Full Text Request
From 1980抯 on, financial accidences took place by a much higher frequency in the whole world and the financial crisis in Southeast Asia pushed such a trend up to a extreme point. Now 揻inancial crisis?is a hot issue in the circle of international economics. Based on the research relevant, this paper tries to explore the formation and operation mechanism of financial risk from a new perspective that is characterized as 搕he derivativity of international financial risk? Then depict the derivativity configuration of financial risk in which financial risk derives and potential financial crisis forms. The early warning index system of financial crisis, which is built on the base of so-call theory of financial risk derivativity configuration, is a application of financial risk derivativity in the field of forecasting financial crisis. This paper抯 opinion: In the reality of financial risk, financial risk derivativity is showing its vitality and characteristic; 搕he incomplete understanding of participant?is the source of financial risk derivativity; the derivativity mechanism of financial risk have two periods underlying and outburst period; financial risks transfer, expend and derive in the derivativity configuration of financial risks and lead to financial crisis; as far as national economic security is concern, the warning index system explored from the new angle of financial risk derivativity is promising...
Keywords/Search Tags:Financial risk, Early warning, Derivativity configuration, Incomplete understanding of participant
PDF Full Text Request
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