文章基本信息

标题：The cause, features and effects of current policy mix of opposing fiscal and monetary policies
本地全文：下载
作者：Wei Liu ; Wei Liu
期刊名称：China Finance and Economic Review
电子版ISSN：2196-5633
出版年度：2014
卷号：2
期号：1
页码：1-12
DOI：10.1186/2196-5633-2-1
语种：English
出版社：Springer
摘要：AbstractCurrently, China's expansionary fiscal policy and tight monetary policy have formed an opposing policy mix. This is due to the imbalanced macro-economy, which suffers from the pressures of inflation and slow growth. In response to economic changes, China adjusted its monetary policy as the real economy has a weak demand for money. In its reactions to the financial crisis, China adopted a series of policies different from those implemented in European and American countries. For this mix of opposing fiscal and monetary policies to be effective, three conditions should be met: the adjustment of direction should fit the real imbalanced economic situation, financing and investing mechanisms should be market-based, interest rates and exchange rates should gradually become market-determined.
关键词：Macro-control;Fiscal policy;Monetary policy;Mix of easing and tight policy