二十国集团与国际金融体系改革

此次全球金融危机的根源是人类的系统危机。美国的金融衍生品市场为投资者创造了比发行者更低的风险,个体风险的最小化使潜在风险在系统层面体现,最终导致系统瓦解。美国和世界经济缺乏增长点,导致走出危机后的全球经济向着长时间的、严重的萧条方向发展。二十国集团因创建目的差异和内在的矛盾关系,无法解决当前世界金融体系的问题,该组织演变为国际争论中心的可能性甚至大于全球治理的模式,它需要被使用但不应被寄予厚望。当前,世界经济面临着从投机型到生产型的痛苦转型,核销投机性债务、实行金本位制度并确立新的全球储备货币是痛苦相对较小的转型方式。

G20 and Reform of International Financial System

The root cause of the recent global financial crisis is the systemic crisis of the mankind.The U.S.financial derivatives market provides investors with products with lower risks than what primary market can provide with.The risks minimize at the individual level bear out their aggregate at the systemic level,which ends up with the collapse of the system.Absence of driving forces for economic growth in the United States and the world economy leads the post-crisis global economy to the direction of chronic de...