下面為大家整理一篇優(yōu)秀的essay代寫范文-Comparative advantage with the us financial crisis,供大家參考學習,這篇論文討論了比較優(yōu)勢與美國金融危機。比較優(yōu)勢是一國實現(xiàn)經(jīng)濟長期穩(wěn)定增長的有效戰(zhàn)略。金融危機的爆發(fā),是美國經(jīng)濟長期積累的各種因素共同釀成的。美國沒有正確處理好虛擬經(jīng)濟與實體經(jīng)濟的關(guān)系,缺乏完善有效的金融監(jiān)管。另外,美國舉債式的消費模式、錯誤的宏觀調(diào)控政策和美國金融家們的無限貪婪等共同制造的這場影響全球經(jīng)濟發(fā)展的金融風暴。因此,把金融危機的產(chǎn)生歸咎于比較優(yōu)勢的實施是錯誤的理論。
波士頓essay代寫范文
The theory of comparative advantage reveals the causes of a country's foreign trade pattern and the sources of its trade benefits.Article innovations is to clarify the implementation of the strategy of comparative advantage and the relevance of the outbreak of the financial crisis,analysis of the economic development achievements in the 1990 s,the source of the outbreak of the financial crisis in 2008 and the United States,it is concluded that the outbreak of the financial crisis is not the conclusion of comparative advantage of failure,and get some meaningful enlightenment.
Since September 2008,the financial crisis has been in full swing.The IMF forecasts that the average growth rate in the rich world will be close to zero in 2009,entering a recession.Why did the developed countries suddenly appear crisis when the economy developed rapidly?The United States has vigorously developed the financial industry and other virtual economy with comparative advantage.Does the outbreak of the financial crisis explain the failure of the theory of comparative advantage?
In the 1990s,the U.S.economy enjoyed a sustained high rate of growth rarely seen after World War II.From 1990 to 1998,the GDP of the United States increased by 26.7%,the output value of the machinery industry increased by 107%,the output value of the electronic power equipment industry increased by 224%,and the output value of the commercial services,communications,circulation and transportation industries also increased by 42-68%.The number of people in work is increasing and the unemployment rate is steadily falling.Price increases were kept low,and inflationary pressures were removed.Export trade growth momentum is strong;The federal budget deficit has been decreasing year by year,greatly alleviating the pressure on the long-term fiscal deficit of the United States.
If the industrial and technological structure of an economy can make full use of its comparative advantages in resource endowment,then the production cost of the economy will be low and its competitiveness will be strong.To keep inflation low high speed growth,it is the use of information technology as the core of new and high technology,high level of labor productivity and comparative advantage,in the economic globalization,network,financial liberalization tide of world economy,the successful implementation of resources endowment to upgrade,the adjustment of industrial structure,thus created a solid material foundation.
The outbreak of American financial crisis,which was triggered by the subprime mortgage crisis,is not the failure of American to implement the comparative advantage in financial and other service industries.
First,the creation of a bubble economy is any rapid economic growth can happen.In the process of economic development,with the growth of social aggregate demand,the smaller the supply elasticity of an element,the faster its price rises.Especially in real estate,the stock market,in the case of very rapid economic growth,people expect less elasticity of supply of land,stock prices will continue to rise,which would put a lot of money into these industries,further stimulate the real estate prices,stock prices,led to the bubble of self-realization,self-reinforcing.
Second,the strategy of comparative advantage does not necessarily lead to the bursting of the bubble.On the contrary,if an economy consistently gives play to its own comparative advantage in resources,the sustainability of rapid economic growth will be strengthened,thus delaying the bursting of the bubble economy.The financial crisis is the inevitable result of many factors,not the implementation of comparative advantage.
Thirdly,from the perspective of the transmission mechanism of the transformation from the bubble economy to the financial crisis,if the financial system supervision can be strengthened and a large number of assets flowing into the real estate and stock market can be controlled to make the asset prices seriously inflated,then even the bubble economy will not cause the financial crisis.To a large extent,the financial crisis was caused by the imperfection of American financial regulatory system.
Finally,following the strategy of comparative advantage can also prevent financial crisis.If the industry has strong competitiveness and high profitability,even if it borrows from Banks to develop,it will not generate a large number of bad debts.Under the condition of adhering to the comparative advantage,the capital intensity of the industry is compatible with the resource endowment structure.Most of the necessary funds come from domestic savings,which can reduce the degree of dependence on foreign countries.Therefore,there will be no banking crisis and financial crisis.
Recognize the country's comparative advantages,vigorously develop industries with comparative advantages,and lay a solid foundation for a country's economy.Under the condition of developing the industries with comparative advantages,the products have international competitiveness.On the one hand,the funds invested in the industry can be retrieved,which promotes the growth of profits and the accumulation of social wealth,and can prevent the disappearance of economic bubbles and the outbreak of financial crisis.On the other hand,the relative scarcity of factors changes and the structure of factor endowment is upgraded,which leads to the generation of new comparative advantages and the upgrading of the industrial structure of the whole society and the enhancement of comprehensive national strength.
Development fictitious economy must combine with real economy photograph.Virtual economy can improve the operation efficiency of financial institutions,increase the profitability of capital,activate the trading market,and realize the reasonable allocation and utilization of resources worldwide.However,the development of virtual economy always coexists with speculative activities.Compared with the real economy,it has the characteristics of high flow,high risk and high yield,which easily attracts a large number of funds for speculative activities and triggers the financial crisis.Vigorously developing producer services can not only realize industrial upgrading,but also effectively prevent virtual economy from degenerating into bubble economy.
Establishing a flexible,efficient and sound financial market.The existence of flexible and effective capital market can ensure the allocation of capital to labor-intensive enterprises and industries,so as to maximize the use of comparative advantages,reduce the risk of capital chain disruption,and reduce the possibility of economic bubble bursting and financial crisis.
We will establish an early warning and monitoring system for real estate finance to improve its ability to withstand risks.Establish financial early warning and monitoring system of real estate,stock,etc is imminent,the regulatory department's duty is to improve the ability of risk identification,prediction,prevention,avoid and resolve risks,improve the reliability of risk,for the safety of the banking system,and the whole national economy sustainable and healthy development of the real estate market to provide a safe and stable environment.
Comparative advantage is an effective strategy for a country to achieve long-term and stable economic growth.The United States is the financial storm the economy long-term accumulated common examples of various factors,is the United States is not properly handle the relationship between virtual economy and real economy,is the lack of perfect effective financial regulation,is the consumption patterns of American debt type,is the mistake of macroeconomic regulation and control policy,is the American financiers have unlimited greed made in common such as the financial storm influenced the development of the global economy.Therefore,it is untenable to attribute the financial crisis to the implementation of comparative advantage.