They are precisely the kind of practices that increase market volatility in the event of a market adjustment and may even raise questions about the creditworthiness of counterparties , causing market participants to try to mitigate risk , for example by liquidating positions 正正是这些手法令市场在出现调整时更趋波动，甚至令人质疑交易对手的信贷状况，促使市场人士透过平仓斩仓等行动来试图减低风险。
From whichever side you are looking at it , a problem that is considered unsustainable will , of course , be corrected , sooner or later , and the questions we all would like to have answers to are how , and how violent or benign the inevitable market adjustment might be 不论大家眼于问题的哪一面，一些被认为无法持续的问题迟早都会被纠正，而我们希望找到答案的问题是：无可避免的市场调整将会如何进行？调整的幅度将会剧烈抑或温和？
This renewed interest is understandable given the sharp slowdown that almost all economies are experiencing and the potential risks to the stability of financial systems as a result of sharp financial market adjustments , happening so soon after the asian financial crisis of 1997 - 98 年才经历过金融危机，现时区内差不多所有国家或地区的经济又正在急速放缓，加上金融市场大幅调整导致金融体系的稳定备受考验，金融合作很自然受到关注。
In market economy , market adjustment has its own drawbacks in function which cannot be mended by the market itself , that is , there exists " market failure " . this provides theoretical proof for the government to interfere economy , adjust market operation , and offset market drawbacks 市场经济条件下，市场调节有其不可自救的功能缺陷，即存在着“市场失灵” ，这就为政府履行干预经济生活、调节市场运行、弥补市场缺陷提供了理论依据。
The article first puts forward the concept of the two - mechanism of the security market ( tmsm ) , and marks security market five types according to the different proportion of two mechanisms occupying in the security market and demonstrates theory of government adjustment and market adjustment . the article sets up moving mechanism of our security market that includes security and capital collocation in the macroscopic environment and security price determinism in microcosmic environment and its risk theory 本文首先提出了证券市场二元制的概念，然后根据两种机制所占比例的不同把证券市场分为五种类型，并对政府调节机制和市场调节机制进行了论证；进而提出了我国证券市场的运行机制，宏观是证券和资金的配置，微观是证券价格决定论以及其市场风险理论。
Thirdly , the relation between government regulation self - regulation and markets adjustment should be complementary to each other . the key is how to coordinate their relation . finally , according to our present condition , we should adapt state - contingent regulation model 市场自发调节离不开政府监管、行业自律性监管，政府监管需要市场自发调节、行业自律性监管的配合，行业自律性监管亦离不开市场调节、政府监管，关键在于如何把三者很好地协调起来并扬长避短。
This form has experienced from “ the plan economy is the mainstream and the market adjustment is the accessory ” to “ the commercial economy with plan ” , to “ socialist market economy ” , and nowadays finally to the property rights reform that is aimed at an institution consisting of the stock system and other various vigorous mixed economic forms 从社会学视角出发,本文强调中国国有企业的产权制度变迁是在再分配体制内的渐进式改革,因此国有企业的性质、单位制度以及依附文化为产权改革提供了一个结构基础。
The forth one points that our country should choose region division and coordination pattern , and at the same time combining other three patterns to commonly adjust food balance of demand and supply , by evaluating their superiorities and inferiorities and comparatively analyzing the four food security adjustment patterns including stock adjustment pattern between two years , market adjustment pattern , policy adjustment pattern and region division and coordination pattern 第四部分通过对年际间库存调节模式、市场调节模式、政策调节模式及区域分工与协作模式进行优劣评价以及比较分析，指出我国目前应选择区域分工与协作模式，同时结合其它三种模式共同调节粮食的供需平衡和实现粮食安全。
Given the stock market in the chinese capital market and the importance of regulating the stock market adjustment importance of the research , the focus of the second part of article econometric modelling , multi - variable regression to the chinese stock market and economic growth for the relevance of empirical 鉴于股票市场在我国资本市场的重要地位和对股票市场规范调整课题研究的重要性,文章第二部分重点运用计量经济学中多变量回归模型分析对中国股票市场和经济增长的相关性进行实证分析,在分析中,综合前人研究成果,选取更为准确和简单的反映股市和经济增长相关性的数据。
