国际资本流动自由化，在上世纪八十年代结束时达到了一个高级的阶段，就是出现这种明显变化的多个可能的促进因素。
Liberalization of international capital flows, which reached an advanced stage at the end of the 1980's, is one likely catalyst for this evident change.
然而，伴随着金融自由化和国际资本在全球的快速流动，金融危机也频频在新兴市场国家爆发。
However, along with the financial liberalization and international capital rapid flow in the world, financial crises in emerging market countries frequently outbreak.
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