The Causes of the Subprime Mortgage Crisis and Its Enlightenment to China

DOI

10.2991/aebmr.k.210319.092How to use a DOI?

Keywords

macroeconomy, Economic crisis, Subprime crisis, Economic globalization

Abstract

Based on the investigation of the four major economic crises in the history of the United States and the data at that time, this paper makes an in-depth analysis of the background of that economic crisis and its impact on economy and society. On this basis, the article makes a comparative analysis of the policies and measures taken by Alabama governments in response to the economic crisis and their effects. The analysis and logic of the article and chapter have important borrowing meanings for the Chinese government. This paper makes a comparative analysis of the policies adopted by the Alabama administration in the past economic crises and their effects, hoping to provide some references for the Chinese government to learn from the economic crises.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Haoran Ma
PY  - 2021
DA  - 2021/03/22
TI  - The Causes of the Subprime Mortgage Crisis and Its Enlightenment to China
BT  - Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021)
PB  - Atlantis Press
SP  - 503
EP  - 508
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210319.092
DO  - 10.2991/aebmr.k.210319.092
ID  - Ma2021
ER  -