A Study On The Determination Of Sudden Stops Of International Capital Inflow And Its Driving Factors

In recent years,with the development of economic globalization and China's financial liberalization,the scale of international capital inflows is increasing,and the fluctuation range is also increasing.International capital inflow is like a double-edged sword,while giving a higher economic benefit to a country,it also has a serious impact on the economic stability and financial security of a country.Especially when international investors change the direction of the flow of financial capital,it is very easy to cause the sudden stops of financial capital,which is bound to lead to the decline in domestic asset prices,followed by banking crisis and currency crisis,and even spread to the entire macro real economy.Therefore,it has important significance to study the related problems of China's international capital inflow,determine whether the negative effect exists,find out the main factors that drive the occurrence,and put forward the corresponding solutions.It is helpful for our country to strengthen the management of capital inflows.This article is divided into five parts,the first part mainly reviews the domestic and foreign scholars on the research status quo of sudden stops of international capital inflows,expounds the research purpose,significance and methods;The second part,and define the way of sudden stops of international capital inflows,from the economic and political analysis of the two aspects of its driving factors,and discusses the mechanism of "sudden stops";The third part,the paper analyzes the related countries of sudden stops of international capital inflows determination and power factor of the inspection,find out the influence of sudden stops of international capital and its causes;The fourth part,combining the actual situation in our country,this paper discusses the sudden stops of international capital inflows in China decision and its driving factors of inspection,trying to find out whether there is a negative effect and its main driving factors,so as to put forward the corresponding solution and prevention countermeasures;The fifth part,based on the international capital inflows,there was no "sudden stops" and puts forward some countermeasures for prevention,to have a negative effect of sudden stops of international capital inflows proposes ways to deal with,to facilitate better solve the problem of sudden stops of China's international capital inflows.Through prevention and countermeasures is put forward,aiming at improving the efficiency of the use of China's international capital inflows,for our countries' economic construction;At the same time through the guidance and management of international capital inflows,effectively avoid all kinds of risk,to prevent overheating or economic crisis,promotes our country economy healthy and orderly development.