Abstract:

This article elaborates the possible worldwide financial risks in the process of economic globalization and further the importance of strengthening economic plolcy coordinations among nations. Based on the plokcy theory of centralization and decentralization, the author advances some necessary policy measures against financial risks and explores some policy coordinations about foreign exchange transaction taxation, exchaneg rate as well as interest rate.

Key words: economic globalization, financial risk, policy coordination, moderate centralization