Influence And Counterplan Research To Hunan Economy Based On The International Financial Crisis

Since the outbreak of the U.S. subprime mortgage crisis in half of 2007, the financial derivatives bubble brought about the confidence of investors in the financial sector crisis began sweeping the globe. It has turned into a global financial crisis instantly. Each Nation's financial system and capital markets are facing the greatest threat. As part of the world economy China's economy can not be spared. By external demand, capital flows, balance sheets, financial markets, international commodity prices, exchange rates and monetary policy, financial crisis, impacts a serious influence on Chinese economy and China's provincial economies through various channels. As an economy powerful province, Hunan also has been severely affected in this crisis.As the implimentating a unified economic stimulus policy around the world, the world economy shows signs of recovery in 2009. At present, the global economy shows signs of recovery and each national government is preparing to withdraw from the economic stimulus policy. There is some uncertainty to a certain extent even if the economic prospects are good, but, because there would be a double-dip. In the new historical background, how to change the mode of economic development, and promote economic development of Hunan soundly and fast, is the study subject of this paper.Based on the above descriptions, this paper explores the economic impacts of international financial crisis on Hunan Province comprehensively, and fully explain the effectiveness of the policies of fighting financial crisis that issued by central and provincial government. Through the analysis of the effectiveness of policy, this thesis will evaluate the feasibility of the policy. Finally, this thesis aims at forecasting future trends of Chinese economy, making an analysis of the development of future opportunities and challenges in Hunan and fiving some guidance to the future development of Hunan economic policy, in order to realize a sound and rapid economic development in Hunan.