The Research of the Contagion Mechanism of Financial Crisis Based on the Global Large-Scale Economic System

摘要

From the view of the global large-scale economic system, the real contagion mechanism, financial contagion mechanism and expectation contagion mechanism of international financial crisis are studied in this paper. To isolate the crisis transmission pathways and prevent the occurrence of crisis contagion, the anti-contagion ability of the real sector, financial institution and financial market should be improved, the negative effect of the market expectation should be reduced, and the international coordination and cooperation should be strengthened.