西南石油大学学报(社会科学版) ›› 2010, Vol. 4 ›› Issue (2): 64-67.DOI: 0.3863/j.issn.1674-5094.2010.02.014

• 经济学与管理学 • Previous Articles     Next Articles

“POWERDRIVEN SAIL BOAT” RESISTING THE FINANCIAL CRISIS

LI Hou qiang1,DENG Zi qiang2   

  1. 1.Policy Research Office of the CPC Sichuan Provincial Committee,Chengdu Sichuan 610012,China;2.Policy Research Office of the CPC Guangyuan Municipal Committee,Guangyuan Sichuan 628017,China
  • Received:1900-01-01 Revised:1900-01-01 Online:2010-03-20

Abstract: This paper studies how people react against the financial crisis originating from the subprime crisis in the US.The external and internal power and the combination of the two contribute to the resistance to the financial crisis and to the quick recovery of economic development.The engine of the “sail boat”,the sustained internal power to fight against the financial crisis,refers to expanding domestic demands,adjusting structure and quickening reform.International cooperation,public belief and lessons in history are the sail on the boat,the expansible external power.And balanced competitive force,proper regulation and supervision are like the steering wheel on the boat,which is the combination of both the internal and external power.The authors hold that either the internal or external power alone cannot resist the financial crisis.The only way to achieve that goal is to integrate the two powers.The “sail boat” concept offers guidance to international cooperation and striding development.

Key words: financial crisis, subprime crisis, driving power, integrated regulation, sustainable development, powerdriven sail boat

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