The “Stagflation” Risk and Policy Control: Causes, Governance and Inspirations

Abstract: The blend of economic stagnation and inflation is a challenge to the contemporary macroeconomic study. The causes, influence and policy implications of “stagflation” have been academically controversial. This paper starts with the connections between energy crises and stagflation to research the causes of “stagflation” in the 1970s and analyze the realistic impact of energy crises. It then comparatively studies the current economic landscape and the landscape in the 1970s for similarities and differences, digs into the origin of the current macroeconomic situation, and on such basis proposes policy suggestions.

Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource
Language
Englisch

Bibliographic citation
The “Stagflation” Risk and Policy Control: Causes, Governance and Inspirations ; volume:12 ; number:1 ; year:2023 ; pages:48-66 ; extent:19
China finance and economic review ; 12, Heft 1 (2023), 48-66 (gesamt 19)

Creator
Wang, Zhenxia

DOI
10.1515/cfer-2023-0003
URN
urn:nbn:de:101:1-2023082514034412918251
Rights
Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
14.08.2025, 10:46 AM CEST

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Associated

  • Wang, Zhenxia

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