全球金融危机对中国的影响：传导途径与应对措施.pdfVIP

摘 要 2007 年年初爆发的美国次债危机在一年多的时间里演变成为一场全球性的 金融危机，全球主要发达国家及新兴工业国家都在不同程度上受到了危机的影响， 资本市场动荡，房价大幅下跌、工业产值降低、世界市场需求低迷。本文在系统 的阐述了金融危机的形成过程和国际影响前提下，论述了危机对中国的传导和影 响，在此基础上，总结出本次金融危机对中国的传导途径及作用的方式。其中危 机对中国的传导和影响主要体现在产出的减少和通货紧缩风险加大、国际资本的 流入相对减少、房地产泡沫的破灭、资本市场的动荡、银行业的盈利下降、出口 的恶化等方面，这一部分内容，本文在分析大量图表和数据基础上给予了充分的 论述和解释。而对于金融危机对中国的传导途径的分析和总结，本文则采用了流 程图的方式做了形象的说明。在前面的分析的基础之上，总结出危机对中国的传 导途径主要包括贸易传导途径、金融传导途径和预期传导途径三种，并详细解释 和论述了传导的过程及其影响大小。最后本文针对本次金融危机下中国经济的现 状提出了几点政策建议。 关键词：金融危机；贸易传导途径；金融传导途径；预期传导途径 1 Abstract The subprime crisis breaking out in the US at the beginning of 2007 has turned to a global financial crisis in more than one year. All the prime developed countries and newly-industrialized countries were wraped in to different degree, and as a result, the estate price slumped, industry product cut down and the effective demand of the international market shrinked. This paper described the formation of financial crisis and the international influence systematically ，based on which, it discussed the transmission of the global financial crisis to China and its impact on China’ s economy, then summed up the transmission paths and the function way in detail. In China, the impact of the crisis is mainly reflected in some fields, such as the output reduction, the increased risk of deflation, the contraction of the international capital inflow, the burst of the real estate bubble, the turbulence of the capital market, the reduction of the banks’ profit and the decline in export, all of which will be fully discussed through the analysis of a large number of the real charts and data. As for the transmission path of the financial crisis to ch