简介:TheUSfinancialcrisisanditsresult-asevererecession-arespreadingquicklyacrosstheworld.WhyhastheUS,theheadoftheworldeconomy,beenhitsohardallofasudden?OristheUSeconomyindeedsufferingsomuch?WhatimpactdoesthecrisishaveonthefutureofUSeconomichegemony?OrwillthecrisisconsiderablyweakenthecomprehensivestrengthoftheUSandthuschangeitsrelationswithallothercountriesintheworld?ThisessayanalysestheeconomicsituationofAmericafromtheperspectivesofhistoryandtheanglesofinternationalpolitics,andpaysspecialattentiontothepotentialinfluenceofthecurrentcrisisonthefutureofUSeconomichegemonyandtheinternationalrelations.
简介:TheenduringGreekcrisishasbruisedmutualtrustandheighteneduneasebetweenEUmembers.Itisareflectionofdeep-seatedproblemswith,andconflictover,Europeanintegrationandinvolvesharminflictedondemocraticprinciples,andtherevivalofnationalism.However,thecrisishasalsodemonstratedtheEurozone'sresilienceandabilitytohandlepressure.German-ledpoliciesoffiscalausterityandstructuralreformhavebeenprotected.Integrationwillproceedinaroundaboutmanner.
简介:Majorearth-changingeventstookplaceinthefirstdecadeofthe21stcentury.First,the9/11terroristattackscreatedshockwavesintherealmofinternationalsecurity.Buttheglobalfinancialcrisishadevengreaterrepercussionsthan9/11.Policymakersandstrategistsshouldcloselyfollowthedevelopmentsandramificationsofthiscrisis.
简介:FollowingtheeruptionofEuropeandebtcrisisinthewakeofthefinancialcrisis,anewdebtcrisisbegantofermentontheUSsoils.OnMay16th,withUSdebtexceedingitsstatutoryceilingof$14.29trillion,USTreasury'ssolvencybecamesostretchedthatitcouldhardlylasttoAugust2nd.Asaresult,thecountrywasplungedintogreatdefaultrisks.Thetwoparties,throughheatedpoliticalstruggles,finallymanagedtoreach
简介:The"millenniumbug"AtatimewhenthefinancialstormbeganinThailandhasengulfedAsiaandswepttheentireworld,economistseventuallybegantoseethelight.RatherthanalocalizeduniqueAsianphenomenon,unfoldingbeforeusisactuallyafull-lengthtragedy,includingactssuchastheMexicancurrencycrisisinlate1994,theRussianandLatinAmericanfinancialmeltdownsin1998andtread-inghardontheirheels,wasthebankruptcyoftheLong-termCreditManagementFundintheUnitedStates.
简介:Undertheimpactofthesovereigndebtcrisis,theEuropeanUnionpayslessattentiontoitsforeignpolicyandtheCommonForeignPolicytendstobe"renationalized";theEUisagainembracing"geo-economics"withanenhancedtendencyofhighlightingeconomictiesandtradeinitsexternalrelations;EUcountrieshavegreatlycuttheirdefenceexpenditures,makingitmoredifficulttoimplementtheEU’sCommonSecurityandDefencePolicy(CSDP)infuture.TheauthorholdsthattheprospectsofeconomicgrowthintheEurozonecountries,Europeanintegrationunderthepressureofstructuralchangesininternationalrelations,andcompetitionandcollaborationinamultiplestructureofforeignpolicyestablishmentsarecombinedtoshapetheEU’sforeignpolicyinthecomingyears.
简介:AsanimpactofInternationalFinancialCrisis,theGreeksovereigndebtcrisissuddenlyturnedup.SomeEuropeancountries'debtcrisisgotfurtherunveiled.Themountingriskofworldsovereigncrisiscouldbetheprincipalriskofworldeconomyandfinancialmarketaftertheinternationalfinancialcrisisandwouldthreatentheglobaleconomyrecovery.Theworldeconomy,unchainedfromtheinternationalfinancialcrisis,mightenterthenextphaseofsovereigndebtcrisis.