w88 casino News Network (Reporter Huang Xin)4month17日夜7Point, Economic Federation Society in Integrity103The classroom held a "Learning and Academic Exchange Meeting" with the theme of discussing hot economic issues and exchanging learning experiences.

First of all, under the auspices of Jiang Xiao, director of the Academic Department of the Economic Federation Society, students had a heated discussion on current economic hot issues. The first discussion topic is the East Asian model. based onPaul Krugman's paper "The Myth of Asia’s Miracle》，Everyone expressed their opinions and put forward their own views on the Southeast Asian financial crisis and China's economic transformation. Then, Jiang Xiao concludedKrugmanThe main point of the paper, and introduces Soros’ investment legend. He said that China's economy is government-oriented, characterized by high savings, low consumption, high investment, and high exports, and belongs to a wild goose-shaped industrial structure. The process of Soros influencing the value of the Thai baht and profiting from it, and the reasons why Soros chose East Asia as the target of his attack, are clear through Jiang Xiao's explanation.

Jiang Xiao, Director of the Academic Department of Economic Federation Society, guides students in topic discussions

The second discussion was titled “The Plaza Accord and Japan’s Lost Decade”. In the Plaza Accord, the Japanese Prime Minister agreed to an appreciation of the yen against the US dollar. Due to the signing of the Plaza Accord, a large amount of money poured into Japan in a short period of time. Japanese housing prices skyrocketed, the virtual economy strengthened, and the real economy shrank, resulting in the so-called "lost decade." There are many similarities between China now and Japan twenty years ago. Therefore, Jiang Xiao guided the students present to learn more about07China's economic situation was macro-analysed.

At half past nine, the hot topic discussion session ends. Finally, the sophomore students exchanged learning methods on international finance with each other, and exchanged learning methods on microeconomics with freshmen students. At ten o'clock in the evening, the Economic Federation Society's academic exchange meeting concluded successfully.