欧债危机至今已经持续了 20 多个月,危机并没有像人们所期盼的渐渐逝去,而是紧紧依附在欧洲经济机体之上,警示了国家过度举债的风险。葡萄牙、西班牙、意大利等国同样正在走着和希腊相似的行程。当第一张牌倒下的时候,也是第二张、第三张倒牌的启动,欧元区有可能在这场危机中付出更多代价。欧洲主权债务危机作为次贷危机的延伸和深化,是本轮西方金融危机的重要组成部分。论文分析了欧洲债务危机的原因与影响,认为欧债危机的扩散机制主要表现为以下方面:债务水平恶化后的紧缩带来经济增长的进一步下降,经济不佳引发的资金外流进一步冲击金融环境,经济、收入与就业形势的恶化引发政治动荡,一国与联盟的动摇将强化欧元区内外部信心的瓦解进程。针对当前欧区仍在发酵的危机格局,中国的企业与政府仍需保持一份冷静。9714
关键词 债务危机 主权危机 产生背景 扩散机制 Title The Background and the Diffusion Mechanism of the Euro
Debt Crisis
Abstract
The European debt crisis has been more than 20 months so far. And it does
not even gradually disappear as we expected, but tightly attaches over the
European Economic Community. It gives the warning of the too much national
borrow risk. Portugal, Spain, Italy and other countries are also on the
way similar as Greek's trip. When the first card falls, the second and third
card will begin to fall in order. The euro zone may pay more prices in this
crisis. The European sovereign debt crisis as the deepening extension of
the subprime crisis is the important component of western financial crisis
at present.
This paper analyzed the reason and the affect of European debt crisis. It
states the diffusion mechanism of the European debt crisis, mainly showing
as the following aspects: Tightening following deterioration of the level
of debt leads to economic growth to decline further. Moreover, an outflow
of funds triggered by economic downturn impacts the financial environment.
The deterioration of the economy, income and employment situation triggers
political instability. In addition, a shake of a State with Union will
strengthen the process of collapse of the internal and external confidence
in the euro area. In view of the current pattern of the still fermenting
crisis, China's enterprise and Chinese government have to keep calm.
Keywords Debt crisis Sovereign crisis Background Diffusion mechanism 目 次