温哥华代写：新金融体系

温哥华代写：新金融体系

新金融体系(NFA)一词可以解释为现代金融市场与时代的政府监管相结合。根据Crotty(2009)的研究，2008年的金融危机是由美国次级抵押贷款市场引发的(Crotty, 2009)。然而，导致市场失灵的主要原因是现行金融体制的实践和制度存在缺陷，这就是所谓的新金融架构(NFA)。

温哥华代写：新金融体系

作者认为，金融创新的快速发展加上放松管制的增加导致了金融的高速增长，这显然在金融危机中结束了。各国政府对不同的救助方案作出了反应，从而促进了扩张。这导致了需要新的救助的进一步危机(Acharya等人，2010)。研究人员认为，与非金融经济相比，金融市场正以指数级的速度增长。这导致金融产品在本质上变得不透明、缺乏流动性和复杂。因此，金融危机变得非常具有影响力。在危机中使用的过程已经逐渐将整个全球经济推向衰退(Best, 2003)。然而，政府减少经济崩溃的努力不足以克服研究人员提出的危机。

温哥华代写：新金融体系

The term new financial architecture (NFA) can be explained as the modern financial market’s integration with the light governmental regulation of the era. According to the researcher Crotty (2009), the financial crisis of the 2008 was triggered by the subprime mortgage market of United States (Crotty, 2009). However, the primary cause behind the market failure was the flaws within the practices and institutions of the present financial regime and this is known as the New Financial Architecture (NFA).

温哥华代写：新金融体系
It is asserted by the author that the rapid financial innovation combined with the increased deregulation resulted in the high financial growth and this has evidently ended in the financial crises. The governments had responses with the different bailouts which enables the facilitation of expansion. These resulted in the further crises that required newer bailouts (Acharya et al., 2010). The researcher had argued that the financial markets have been growing at an exponential pace as compared with the non-financial economy. This resulted in the financial products to become opaque, illiquid and complex in nature. Therefore, the financial crises become highly impactful. The process utilized within the crisis had gradually pushed the entire global economy to decline (Best, 2003). However, the governmental efforts to reduce the economic collapse are insufficient to overcome the crises as suggested by the researchers.