Based on the economic fundamentals theory and market contagiontheory, some researches had explained the phenomenon and causes of the co-movement of the global securities markets.
许多学者基于经济基础说和市场传染说的理论研究了中国证券市场与世界市场之间同步变化的现象及原因。
2
While technically a default, the loss would not be an outright repudiation of Greece's debt and the contagion could, in theory, be contained.