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The Influence Factors and International Comparison of Currency Crises under Abnormal Flow of Capital

Yan He

Abstract


The paper focused on improving the measurement methods about the scale of international capital flow and putting forward the Comprehensive Measuring Method by which to analyze and compare the abnormal flows of international capital of 11 countries in which currency crises occurred by the empirical tests. In addition, the author studied the influence factors and ways of abnormal flow of capital from three aspects, and tried to provide scientific early-warning tool and countermeasures for preventing currency crises.


Keywords


Abnormal flow of international capital; Currency crisis; Comprehensive Measuring Method

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DOI: http://dx.doi.org/10.18686/fm.v3i2.1075

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