Conduction Mechanism Research of the World Financial Crisis Caused by Subordinated Debt
In this paper, we define the risk transmission of financial crises on the bases of summarizing the risks and the financial crisis risk, then analysis the transmission paths of financial crisis risk. Furthermore, we present that the carrier is the bridge and efficient realize form of risk elements interaction in risk transferring in the financial crises conduction chain and conduction network. In addition, the carrier has the function of bearing and conducting the risks, at the same time, it has magnifying glass effect in the financial crisis conduction chain duo to the coupling effect forming by the interaction of the risk source, the driving force and carrier. At last, we discuss how to prevent and control the world financial crisis from the perspective of financial crisis risk transmission.
subordinated debt conduction risk financial crisis
Chu Yijing Deng Mingran
School of Management, Wuhan University of Technology, Wuhan, P.R.China, 430070
国际会议
4th International Conference on Productinnovation Management(第四届产品创新管理国际会议)
武汉
英文
1942-1948
2009-08-22(万方平台首次上网日期,不代表论文的发表时间)