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| Author: | Qi, Aijun |
| Title: | An preliminary analysis of the virtual economy (original in Chinese) |
| Journal: | Macro Economic Management (c)
1999 : 5, p.27-28 |
| Index terms: | FINANCIAL RISK CAPITAL MARKETS COMPUTER NETWORKS |
| Language: | chn |
| Abstract: | The virtual economy is in contrast with the physical economy. The trade globalization and financial deregulation are the bases of the occurrence and development of the virtual economy. By means of computer technology and modern mechanics of communication, faster capital mobilization, clearance, and dealings can be conducted in the worldwide stock and monetary markets. The foam of the virtual economy shows that serious problems exist in the physical economy if problems arise in the virtual economy, the physical economy will be seriously affected. The foam of the tirtual economy will directly cause inflation and deflation. |
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