Research On Early Warning System Of Financial Crisis

In the history of the development of the world economy, the financial crisis has erupted many times, the outbreak of the financial crisis on the worldwide economic markets will have incalculable destruction, a financial crisis can even be a national and a regional economic backwards for several years. It can be seen that the financial crisis has become a devastating time bomb of the world economic market development. It is a factor threatening the world healthy and rapid development.Deepening integration of the world economy, the world economy is closely related to a regional financial crisis on the global economy will quickly have a greater impact, its influence a wide range of impact and impact for a long time. In order to reduce or even avoid the financial crisis brought negative impact on the world economy, economists carried out a lot of research, put forward a number of theories and explanations of the financial crisis response measures. The subprime mortgage crisis of2008caused the global financial crisis, the financial crisis theory has once again become the focus of academic research and hotspots.Through comparative analysis of domestic and foreign literature, this paper reviews the theory of the financial crisis and the financial crisis early warning theory. And it reviews1930financial crisis, the Asian financial crisis and2007subprime mortgage crisis in the U.S., focusing on analysis of the causes of the financial crisis, performs of the financial crisis and related factors.This paper focuses on the selection of the financial early warning indicators, indicator research by factor analysis, early warning model and the model will eventually be applied to China’s financial risk early warning early warning of empirical research.