9A成因_演进路径及其对中国经济的影响(国外英文资料).doc

9A成因_演进路径及其对中国经济的影响(国外英文资料) The causes of the European debt crisis, the path of evolution and its impact on the Chinese economy Zhang xiaojing li cheng (Chinese academy of social sciences, Beijing 100836) Abstract: as the global economy recovers slowly from the financial crisis, Europe is shrouded in the shadow of sovereign debt crisis. This paper first introduces the background and causes of this crisis, and points out that the European debt issue is essentially a framework defect of European economic integration A total explosion in the aftermath of the financial crisis. Then we briefly analyzed the evolution of the European debt crisis The crisis has focused on the transmission of the crisis to the Banks, the non-financial private sector and the us economy. Finally, this article looks at Europe The impact of the debt crisis on Chinas economy, although at this stage, the immediate adverse impact of the crisis is limited and manageable, But that certainly adds a lot of uncertainty to the outlook for Chinas economy. Key words: European economic integration of sovereign debt financial crisis European Sovereign Debt Crisis: Reasons, Evolutionary Path and Effects on Chinese Economy Abstract: This study addresses the ongoing European sovereign debt crisis, The fragile recovery of the world economy The flaws in the current framework of the European economic integration With the global financial tsunami, are the principal responsible for the debt crisis Next section of the paper turns to the evolutionary path of the crisis, especially its The transmission is toward the banking sector, non-financial private sector, and the US Economy as a whole. Eventually, we discuss the potential effects of European debt Crisis on the Chinese economy, and consider that despites the limited direct effects, the Crisis brings a great deal of uncertainty about Chinas economic perspectives. Keywords: Sovereign debt. Financial crisis; European economic integration This article is subject to th