Artikel

The cause, features and effects of current policy mix of opposing fiscal and monetary policies

Currently, 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.

Sprache
Englisch

Erschienen in
Journal: China Finance and Economic Review ; ISSN: 2196-5633 ; Volume: 2 ; Year: 2014 ; Issue: 1 ; Pages: 1-12 ; Heidelberg: Springer

Klassifikation
Wirtschaft
Thema
Macro-control
Fiscal policy
Monetary policy
Mix of easing and tight policy

Ereignis
Geistige Schöpfung
(wer)
Liu, Wei
Ereignis
Veröffentlichung
(wer)
Springer
(wo)
Heidelberg
(wann)
2014

DOI
doi:10.1186/2196-5633-2-1
Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Liu, Wei
  • Springer

Entstanden

  • 2014

Ähnliche Objekte (12)