希腊主权债务危机的成因与特点  

Studies on Causes and Characteristics of Greek Sovereign Debt-crisis

作　　者：马宇[1] 

机构地区：[1]山东工商学院经济学院,山东烟台264005

出　　处：《金融发展研究》2010年第8期25-27,共3页Journal Of Financial Development Research

基　　金：国家社会科学基金项目(批准号:09BJL037);山东省自然科学基金项目(批准号Y2008H34);教育部人文社会科学研究规划项目(09YJA790123)

摘　　要：本文分析了希腊主权债务危机的成因及其特殊之处。成因包括基本原因,即希腊财政入不敷出,财政状况不断恶化;背景原因,即国际金融危机冲击;技术原因,即利用衍生金融工具隐藏债务埋下祸根。特殊之处包括:希腊债务危机被国际资本作为攻击欧元的一个突破口;希腊丧失了主权债务货币化的能力;对全球金融市场带来巨大冲击;是二战后第一个出现主权债务危机的发达经济体,可能产生连锁反应。This paper analyses the causes and particularity of Greek sovereign debt-crisis.The causes consist of the fundamental cause,as Greek fiscal income can not meet its expenditure,so the situation continually deteriorates;the background cause,as international financial crisis;and the technical cause,as the use of derivatives to cover debt leads to the trouble.The particularity lies in that Greek debt-crisis is utilized as the breakthrough to attack Euro by international investment capital;Greece loses its capability of sovereign debt monetization,which caused significant impacts on global financial market,and is the first developed economy to undergo sovereign debt-crisis since World war II,with which chain reactions may occur subsequently.

关 键 词：希腊 主权债务危机 衍生工具 主权债务货币化 

分 类 号：F830[经济管理—金融学]