国际金融市场回顾与展望
文章摘要:在过去的一年中,国际金融稳定性得到了一定改善。但是,金融市场走势对各国不确定的经济复苏、不同步的退出政策,以及欧洲债务危机爆发十分敏感。国际金融形势主要表现为如下几个方面:应对危机的刺激性财政政策和宽松的货币政策促成全球流动性过剩;国际资本流动更倾向于在增长差异、利息差异和汇率差异中获利;新兴市场经济深受发达国家刺激政策外溢性影响,同时成为国际资本的重要接受者,这将促进新兴市场面临国内资产泡沫形成的风险;外汇、股票市场因经济复苏前景不... 展开
Abstract:International financial stability has been improved over the past year. However,the markets are sensitive to the factors such as uncertain global economic recovery,different pace of each country’s exit policies,and the possible outbreak of European sovereign debt crisis. International financial markets have been featured by the following aspects:excess global liquidity has been formed due to anti-crisis measures of fiscal stimulu... 展开