The first sections is the introduction and overview of the international short-term capital flows.

第一部分是导论和国际短期资本流动概述。

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The international short-term capital means that the time limit of capital flow is within one year or one year.

国际短期资本是指资本流动期限为一年或一年以内的资本。

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It is showed that those financial crises are commonly characterized by the reversal of International short-term capital movement before or after the crises.

研究表明，国际短期资本流动的逆转是这些金融危机爆发前后出现的共同特征。

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The International Capital Market Association, a lobby group, has warned that the tax would cause the short-term repo market in Europe to contract by at least two-thirds, with serious consequences for other financial markets and the real economy.

WSJ: EU Likely to Weaken Proposed Transaction Tax