速盛 meaning in English

suebsaeng

The paper argues that the change of japanese financial system from florious to depression , is mainly because the post - war financial institution , which regulated strictly and limited competition , and caused the large group which gained large profit from the institution , at last produced strong path dependence
文章认为日本金融的速盛速衰主要是制度方面的原因，是由于日本战后金融制度的过度管制、限制竞争产生了庞大的既得利益群体，形成了对旧制度过强的路径依赖性，阻碍了制度变迁，使无效的制度长期存在。