Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Business and Policy Studies
Series Vol. 7 , 13 September 2023
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Access | Article
The Relationship Between Bonds and The Current Economy
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Abstract
Since 2020, the outbreak of COVID-19 has had a huge impact on the global economy. In fact, as early as the outbreak of the financial crisis in 2008, it has deeply revealed the complexity of the macroeconomic system, the systemic importance of the financial sector and its high sensitivity to economic exogenous shocks. As an important part of the financial market, bond has a very important impact on the current economic development. Through the study of the current world economy, this paper finds that the epidemic is an unexpected event that changes the world power, the world pattern and the world economic relations, and will bring a profound impact on the world economy. Perhaps the most important change, pre - and post-pandemic, is that the challenges facing humanity will be even greater. The economic growth of developed economies is also unstable due to the impact of the epidemic. The growth of developing countries and emerging economies is more unstable, the risk of inflation and deflation will alternate, and the debt and financial risks are increasing. The risk of supply chain restructuring and supply chain relinking will alternate. A bond market is a place where the government can raise funds in a credit way to balance fiscal revenues and expenditures, which can play a role in promoting economic development. However, the excessive development of the bond market has a negative impact on economic growth and even poses a threat to economic stability. In this regard, this paper puts forward suggestions from the government, enterprise decision-makers and investors to promote the healthy development of the economy.
Keywords
bond, risk, market, the current economy
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Business and Policy Studies
- ISBN (Print)
- 978-1-915371-41-6
- ISBN (Online)
- 978-1-915371-42-3
- Published Date
- 13 September 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/7/20230222
- Copyright
- 13 September 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited