第一代货币 meaning in Chinese
first generation money
Examples
- The beginning part of the paper introduces the most important development of the currency crisis theory , including the evolution of the crisis theories from the first generation to the second generation and the different models of the second generation
文章首先详细介绍了货币危机理论的最新发展,从第一代货币危机理论到第三代货币危机理论模型。 - First - generation monetary crisis theories emphasize the key role of actual economic factors in contributing to crises while second - generation theories lay mole stress on the randomness and uncertainty of financial crises ; the theories based on financial intermediaries explain the specific mechanism for the occurrence and evolution of banking crises ; financial crises in emerging market economies have to do with their initial conditions for development and chosen institutional paths of reform and evolution ; the international contagion of financial crises cannot be ignored against the background of financial market globalization
第一代货币危机理论强调实际经济因素导致危机出现的关键作用，而第二代货币危机理论更注重危机的随机性以及不确定性；基于金融中介的危机理论解释了银行业危机生发、演化的具体机理；新兴市场经济国家的金融危机具有与发展的初始条件和选择的制度改革与演化路径有关的特定原因；金融市场全球化背景下的金融危机具有不容忽略的国际传递性。