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U.S Government Economic Intervervenition Policy In The Context Of The Financial Crisis

Posted on:2014-07-12Degree:MasterType:Thesis
Country:ChinaCandidate:Q X MuFull Text:PDF
GTID:2256330425977868Subject:Basic principles of Marxism
Abstract/Summary:PDF Full Text Request
The financial crisis, is transformed by the U.S. subprime mortgage crisis.Is economic bubble occurred in the United States due to abuse of the sub-prime mortgage loans is due to the economy too virtualization arising.Ultimately the closure of a number of financial and investment institutions and bankruptcy process.The financial market crisis is not effectively control the further spread ultimately led to the financial crisis to the real economy.U.S. Gold Century Financial Corporation filed for bankruptcy protection in April2007to become the beginning of the subprime mortgage crisis.The entire financial industry in a short period of time to cover the financial risks.After only four months in August, either commercial banks or financial investment institutions annihilated.The subprime mortgage crisis, such as the beast flood completely broke.In2008, the situation further expansion of the subprime mortgage crisis eventually evolved into the financial crisis continues to spread uncontrolled.In September2008, the U.S. investment bank Lehman Brothers disappear in the people’s vision.Become a sign of the financial crisis.The end of2008, the real economy of the United States by the impact of the financial market, heavily engaged in the production of manufacturing enterprises, are hovering on the brink of bankruptcy.This shows that the trend of the subprime mortgage crisis has extended to the real economy by the financial markets.Risks and hazards are rapidly expanding.Financial crisis and spread to the United States in some of the economic aspects of policy shortcomings exposed.The seriousness of the social segments of the population did not expect.In fact, the U.S. financial market risk appearing and expand as early as in the beginning of2007had already appeared.But too believe that the ability to market regulation, the U.S. government is not aware of the risk of arrival.The crisis is still in its infancy when the economy still full of confidence and expectations, however, when thoroughly after the outbreak of financial crisis, the free market, financial deregulation, the housing subprime loans, financial innovation series represents the government’s economic policy of financialnouns have been a growing number of economists and academics questioned.The United States in the1980s to get rid of the free market economic "stagflation" toward prosperity is to become the target of public criticism.All strata of American society crowd into a panic after the outbreak of the financial crisis, and the crisis has to do a lot of interpretation and reflection, and as the country’s economic development-oriented by the U.S. government in the face of crisis.The formulation and implementation of economic intervention policy of the big efforts, as well as the financial adjustment of financial market regulatory system are a powerful political means.Worthy of further study.The same government economic policy and financial regulatory regime to engage in introspection and reflection, as well as the post-crisis economic policy, planning and reform of the management tools, but also of great significance to the economic recovery and future economic development.Firstly reflection caused by the U.S. subprime mortgage crisis economic policy factors play side described the process of covering the entire U.S. economy, financial crisis and the subprime mortgage crisis by the financial markets.Second, the United States government in the face of crisis, issued a series of economic intervention policy analysis and research, the U.S. economic intervention policy changes before and after the crisis profound strip theory.Analysis of the effect of the implementation of the economic policy response to the crisis at the same time.Finally, the impact of the financial crisis on China’s economy, the government’s policy responses, the revelation of our country from the financial crisis by the U.S. government’s policy formulation and implementation process, and in the post-crisis era, China’s economic policy should be to do what adjustments are worthdeep thinking.
Keywords/Search Tags:financial crisis, government, economic, intervention, policies
PDF Full Text Request
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