The role of the international fi nance in propagating fi nancial crisis
Abstract
In the context of economic globalization, many countries have turnover and use of the monetary funds due to the activity
of economic, political and cultural. In this situation, international fi nance play an important role in propagating fi nancial crisis. The global
fi nancial crisis caused by the mortgage of the American subprime mortgage in 2007 was considered to be the worst global fi nancial crisis
since the Great Depression of 1929 by the theorists and the business community. However, why the subprime crisis in the United States has
gradually evolved into a global fi nancial crisis? why the fi nancial crisis in the United States spread so quickly to the world, and no country
exception? The purpose of this essay is to analysis the how the fi nancial crisis could be contagious within the diff erent countries based on the
U.S. subprime mortgage crisis
of economic, political and cultural. In this situation, international fi nance play an important role in propagating fi nancial crisis. The global
fi nancial crisis caused by the mortgage of the American subprime mortgage in 2007 was considered to be the worst global fi nancial crisis
since the Great Depression of 1929 by the theorists and the business community. However, why the subprime crisis in the United States has
gradually evolved into a global fi nancial crisis? why the fi nancial crisis in the United States spread so quickly to the world, and no country
exception? The purpose of this essay is to analysis the how the fi nancial crisis could be contagious within the diff erent countries based on the
U.S. subprime mortgage crisis
Keywords
international fi nance; fi nancial crisis; fi nancial contagion
Full Text:
PDFReferences
[1]Li Fujian. The vicissitudes of our Trans-cultural diff usion under the fi nancial crisis [ D ] . Shandong University [2024-03-26] . DOI: 10.7666/d. Y1790196.
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[3]Luo Yandu. The infl uence of the international fi nancial crisis on our economy and its countermeasures [ J ] . China, 2020(9) : 2. DOI: Cnki: Sun: sczg.
0.2020-09-019.
DOI: http://dx.doi.org/10.18686/modern-management-forum.v8i3.12676
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