后金融危机时期我国金融安全若干问题研究（上）

过度的金融衍生品创新与金融自由化是美国爆发金融危机的主要原因,在经济全球化的大背景下,危机迅速涉及全球,使各国金融资产遭受严重损失,国际贸易受到重创,严重破坏了正常的经济生活。各国相继采取措施,实施金融救助方案、扩张性财政政策和货币政策,调整产业政策,促进实体经济的恢复和发展,已初见成效。从当前情况看,各国一面采取措施刺激经济增长,保证就业,一面防范贸易保护主义带来的新风险,还在考虑终止刺激政策的时间、方式和速度,对通货膨胀严加防范。更重要的是调整产业结构和布局,以迎接新技术革命和新兴产业的出现和大发展。

Financial Security Problems in China in the Post Financial Crisis Era (Part Ⅰ)

Excessive innovation of financial derivatives and financial liberalization are the main causes leading to the outbreak of US financial crisis.In the context of economic globalization,the crisis has spread to the whole world rapidly.A lot of nations suffered huge loss in their financial assets,and international trade took a terrible beating,so that the normal economic life has been seriously destroyed.Each country began to take different measures in succession.They implemented financial rescue package,expansionary fiscal policy and expansionary monetary policy and adjusted industrial policies.All these have already contributed to the recovery and growth of entity economy.At this moment,on one hand,each government takes business stimulating measures to ensure employment;on the other hand,they try to prevent new trade risks,considering when and how to terminate the stimulus policies as well as its speed.They also take strict precautions against inflation.More importantly,it is necessary to adjust the industrial structure and layout so as to welcome new technology revolution and the emerging industry.