全球金融危机的根本原因应追溯到不断加剧的全球经济失衡和国际金融货币体系的基础性缺陷。全球失衡带来的流动性泛滥压低了利率,从而刺激金融机构过度承担风险。发达国家对金融体系的监管过于宽松,货币政策框架也存在缺陷,导致对全世界高风险金融工具的投资大行其道。除了进行国际货币体系改革之外,还有两种方法可能解决全球经济失衡问 The root causes of the global financial crisis should be traced back to the deteriorating global economic imbalances and the fundamental flaws of the international financial and monetary system. The proliferation of liquidity caused by global imbalances has depressed interest rates and thus stimulated financial institutions to over-take risks. The developed countries’ oversight of the financial system is too lenient and their monetary policy framework is flawed, resulting in a huge investment in high-risk financial instruments around the world. In addition to the reform of the international monetary system, there are two ways to solve the global economic imbalance