Dissertation > Excellent graduate degree dissertation topics show

An Empirical Study on Contagion Effect and Its Incentives of Financial Crises in Emerging Economies

Author: ShangYingYing
Tutor: YuPing
School: Wuhan University of Technology
Course: Finance
Keywords: Emerging economies Financial crisis Contagion effect Contagiousincentives
CLC: F830.99
Type: Master's thesis
Year: 2013
Downloads: 10
Quote: 0
Read: Download Dissertation


Since the1990s, the growing emerging economies have been overwhelmed by the frequent financial crises and have suffered heavy losses. With the rapid development of the global economy and trade integration, the crises have showed unprecedented complexity and strong contagion effect. The traditional financial crisis theory faces a new challenge. Therefore, to grasp the nature of contagion and to reveal the major incentive is of great practical significance for the emerging economies.Firstly, the paper summarizes the existing literatures from which abstract the definition of financial crisis contagion and then analyze the contagion mechanism. Subsequently, the paper focuses two recent Asian emerging economies crisis (1997Asian financial crisis and2008Vietnam financial crisis), and use the VAR model to test dynamically whether the crises are infectious or not. The results show the contagion of the Asian financial crisis is much more significant than that of Vietnam financial crisis regardless of the contagious range or damage power, which is consistent with the real situation. With the method of stepwise regression model, selecting some indictors, the paper selects Asian financial crisis as sample to analyze the contagion incentives which provides basic theory for further research on the measures to prevent financial crisis contagion. The indictors include GDP growth, financial liberalization, inflation, current account status and financial account status.According to the theoretical and empirical analysis, the paper considers that in order to prevent contagion effect, the emerging economies need to strengthen international cooperation, to maintain their international balance of payments and to be cautious to open up their capital account. Combined with China’s current economic development situation, this paper put forward to specific policy recommendations from three aspects of how to prevent financial crisis contagion through trade, finance and the expectation.

Related Dissertations

  1. Research on Strategy Management of P Shipping Company in the Financial Crisis,F550.6
  2. On the post-crisis era of China's export problems,F752.62
  3. The Development of the Economic and Trade Relationship between China and USA after Financial Crisis and Related Problem Analysis,F752.7
  4. Financial Crisis Prediction Model Study in View of DEA-DA Model,F224
  5. Financial crisis, the print media migrant workers reported comparative study,G212
  6. Factors affecting the financial crisis theory and empirical research,F224
  7. The Comments and Comparative on Financial Policy of American and Chinese in the Background of Global Financial Crisis,F832.0
  8. Philosophical reflection on the current financial crisis,F831.59
  9. The global financial crisis impact on China's export industry,F752.62
  10. The Analysis of Trade Protectionism in Post-financial-crisis Era,F752.02
  11. After the financial crisis, bilateral trade between Yunnan and ASEAN Development,F752.7
  12. On the Solution of Vulnerable Institutions of Higher Education Under the Financial Crisis,G649.2
  13. Cost Management and Case Study of Value Chain of South Media in Financial Crisis,G211
  14. World Financial Crisis and China’s Regional Export Trade Pattern Changes,F752.62
  15. The Strategic Research on Resolving Financial Risk of Hainan Province Facing to Financial Crisis,F832.7
  16. From the Financial Structure to See the Financial Crisis of It to Our Substantive Economic and the Strategic Analyses,F124
  17. Effect Analysis about Our Export Tax Rebate Policy in Financial Crisis,F752.5
  18. A Research on the Transformation and Upgrading Countermeasures of Processing Trade in China During the International Financial Crisis,F752.68
  19. International Trade Finance in the Financial Crisis: Function、 Effect and the Choice of China,F740
  20. The Effect and Inspiration of Financial Crisis on Reforming and Promoting of China’s Processing Trade,F752.68
  21. Research on Escalation of Sino-EU Trade Frictions Under International Financial Crisis and China’s Strategy,F752.02

CLC: > Economic > Fiscal, monetary > Finance, banking > Finance, banking theory > Financial market > Financial crisis
© 2012 www.DissertationTopic.Net  Mobile