Warning and Crisis: A Perspective of Short-term International Capital Flows
- DOI
- 10.2991/aebmr.k.210909.018How to use a DOI?
- Keywords
- Debt chain, Financial crisis, Capital regulation
- Abstract
With the further deepening of economic globalization, short-term international capital flows are becoming more and more frequent, which have different degrees of impact on the global financial market and the financial stability of various countries in the world. Since the Mexican financial crisis and the Asian financial crisis in 1997, a large number of malignant financial cases caused by short-term international capital flows have emerged in an endless stream, causing people to rethink the international capital flows. The US subprime mortgage crisis in 2008, the European debt crisis in 2010 and the Chinese stock market disaster in 2015 have once again aroused the attention of governments and scholars around the world for short-term international capital flows. Through the analysis of the European debt crisis and the 2015 stock market disaster, this paper studies the role of short-term international capital flows, and explains it in combination with relevant economic indicators. Finally, taking the development of China’s stock market as the data, it demonstrates the research conclusion: under the guidance of the optimal policy objectives, it must strictly focus on the relevant warning line, strengthen the supervision of short-term international capital flows, Maintain financial stability and security.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Rong Qiu AU - Haojun Li PY - 2021 DA - 2021/09/11 TI - Warning and Crisis: A Perspective of Short-term International Capital Flows BT - Proceedings of the 2nd International Conference on Management, Economy and Law (ICMEL 2021) PB - Atlantis Press SP - 133 EP - 139 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210909.018 DO - 10.2991/aebmr.k.210909.018 ID - Qiu2021 ER -