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International Financial Crisis and Establishing New International Economic and Political Order
YE Wei-ping
Teaching and Research
2009, (11):
50-55.
The current international financial crisis has resulted from the old international economic and political order,especially the old international financial order.This claim is based on the fact that the old international financial order is the major cause for both the anarchism of international financial market and the lack of adequate means of resolution on the part of the world community in the face of the rapid worldwide spread of the American financial crisis.The old international division of labor and its harm to the economic sovereignty of the developing countries are the important condition for the old international financial order to function,and the increasing gap between the developed countries and the developing countries is the major source of international financial crisis.The old international political order,on the other hand,is not only the major condition of the old international financial and economic order,but also the major ground on which large-scale war might be triggered by international financial crisis.
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