The Future Development Tendency of the International Financial Law from the Perspective of Financial Crisis

Xiao-jia LIU, Shun-chao ZHANG

Abstract


The global financial crisis triggered by the subprime mortgage crisis in America made a severe impact on the economies of the whole world including China. The paper analyzes the causes of the crisis, pointing out the deficiencies and insufficiency of the international laws today and offering constructive suggestions to its future development. The analysis of the causes of the crisis and the review of the neglects of the international financial laws in the paper are aimed to offer some suggestions to the reform and improvement of the international financial system in the future. Keywords: Financial crisis; international financial law; deficiency; tendency Résumé: La crise financière mondiale déclenchée par la crise des subprimes aux Etats-Unis a eu un impact sévère sur les économies du monde entier y compris la Chine. L'article analyse les causes de la crise, en soulignant les déficits et les insuffisance de la législation internationale actuelle et offre des suggestions constructives pour son développement futur. L'analyse des causes de la crise et la révision du manquement d'intérêt des lois financières internationales dans cet article ont pour but d'offrir quelques suggestions pour la réforme et l'amélioration du système financier international dans l'avenir.Mots-clés: crise financière; lois financières internationals; deficits; tendance

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DOI: http://dx.doi.org/10.3968/j.css.1923669720100603.020

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