On the Comparison of Subprime Crisis and Other Major Financial Crisis
比较了次贷危机与美国储贷危机、北欧银行危机、大萧条和日本90年代银行危机,从历史经验中总结政府救助措施的教训。
Subprime crisis escalates sharply through out the world,and has profound impacts on both the economic fundamentals and financial markets.This paper compared the subprime crisis with US savings and loans crisis,Nordic banking crisis,the Great depression and Japan banking crisis in 90s.By comparison and contrast, this paper concluded with lessons of government bailout measures from historical experiences.