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《Studies of International Finance》 2008-11
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Characteristics,Development and Future of Subprime Crisis:A Perspective from Financial Product Alienation

Lu Xiaoming  
The reason that people underestimated the subprime crisis,is that they used the traditional measures to assess this all new crisis.The primary difference between subprime crisis and previous financial crises is:this crisis is the first one that caused by alienation of the financial products created by financial institutions themselves.This standpoint helps us to discover the true features and trends of the crisis.Accordingly,in order to stabilize the financial markets,the business pattern and products problems need to be solved properly.
【CateGory Index】: F831.5
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