欧洲债务危机的主要成因分析

肇始于希腊的欧洲债务危机到目前为止都没有停息的迹象,甚至还呈蔓延之势。欧洲债务危机爆发的直接原因是在金融危机的背景下,政府支出规模持续扩大,导致财政赤字居高不下,最终使得国债规模超过政府的偿还能力,出现明显的违约可能性。同时,国际竞争力不足,导致出口受阻,使得资金问题更加严重。从更深层次看,产业结构不合理,经济发展速度缓慢,过低的投资率和储蓄率及过高的储蓄投资转化率,都是导致欧债危机的重要原因。

Analysis of Primary Reasons for Eurozone Debt Crisis

So far there has been no sign that the Eurozone debt crisis initiated from Greece would come to an end,but even worse with a spread trend.The direct reason for Eurozone debt crisis is that the enlarging government expenditure under the background of financial crisis has led to a high fiscal deficit and made the national debt exceed the government's solvency which implies a growing possibility of default.Meanwhile,the downward international competitiveness has hindered the export and made the capital balance a more serious problem.Furthermore,unreasonable economic structure,slow economic growth,low investment and savings ratio,and high savings-investment conversion ratio are important reasons for Eurozone debt crisis.