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《Contemporary Economy & Management》 2009-09
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Analysis and Enlightenment of the Financial Crisis

Wang Ying1,Chen Xu2( 1.School of Economics,Fujian Normal University,Fujian 350007,China;2.School of Economics and Management,Tongji University,Shanghai 201804,China)  
The global financial crisis initiated by the U.S. sub-prime crisis will make a further influence on the real economy. The global financial crisis has resulted from market failure,policy failure and Institution failure. This paper describes the process of the global financial crisis,analyses its causes and summarizes its enlightenment.
【CateGory Index】: F831.59
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