摘要
本文利用131个国家和地区在1970~2006年的金融数据,对美国、其它发达国家、新兴市场国家和发展中国家参与金融全球化的进程中资产和负债的总量增长、结构演变和分配格局进行了量化分析,揭示了当前世界金融体系不平衡发展的动态路径和数量特征,并由此探讨次贷危机的宏观层面的根源。
This paper characterizes the financial integration process for 131 countries during 1970~2006.The volume growth,the structural changes,and the distributions of the foreign assets and liabilities are compared among the U.S.,the developed,emerging and developing country groups.A detailed account of the unbalanced development of the global financial system during the past decades is presented,which gives us a clue to understand the source of the subprime crises from a macroeconomic perspective.
出处
《世界经济研究》
CSSCI
北大核心
2009年第4期9-14,共6页
World Economy Studies