The European Sovereign Debt Crisis of the Industry Source Analysis
|Keywords||European sovereign debt crisis the industrial structure Economic fluctuations|
Since the U.S. subprime mortgage crisis broke out in2008, quickly evolved into a worldwidefinancial crisis. Each country has implemented expansionary monetary and fiscal policy to save the countrycaught in the quagmire of the financial sector so as to maintain the economy with growth. governmentsand therefore carry a heavy debt. Heavy debt for the developed countries is in terms of nothing, but fordeveloping countries, the high government debt has become the source of the crisis erupted again.European sovereign debt crisis in2009in this back ground make the world economy once again pulledinto the downstream channel. Spain as one of the countries in the European overeign debt crisis is in thefirst fall. the root causes of which has important practical significance.Both at home and abroad, European sovereign debt crisis continues, the root cause ofexploration for which is in favor of solving the European sovereign debt crisis which is yet still annoyingthe world economy. But now the mainstream economics for the root explanation of European sovereigndebt crisis include the lack of optimum currency areas,external economic and so on. In this dissertation,Ianalyze the root causes of the European sovereign debt crisis from the point of view of industrial structure.I combed the status of the origin in the European sovereign debt crisis at home and abroad to explore thelack of research of which, to put forward their own views and angle-the industrial structure; Followed byfurther elaboration of the relevance of the industrial structure and economic fluctuations, demonstrate thechanges in industrial structure and the relationship of crisis; Finally take Spain as an example, analyze theindustrial structure and the relationship between the debt crisis, and then put forward recommendations forthe adjustment of industrial structure in China’s future.