对我国经济增长和通货膨胀两难冲突的原因分析

从2010年下半年起,我国经济运行逐步呈现出经济增长减缓和通货膨胀压力加大的困境。本文认为危机后低利率和货币信用扩张政策,在推动经济较快恢复增长的同时,也导致国内生产结构和资产结构出现扭曲,推涨了房地产价格上涨和通胀预期,进而推高劳动力成本,挤压消费需求,导致企业生产经营困难加大,建议进一步推进利率市场化,矫正负利率局面,促进经济良性增长。

Since the second half of 2010,China’s economic growth has been gradually slowing down and the inflation pressure has been increasing.The lower interest and currency credit expansion policy can bring a faster growth in economy,however,it also distorts the production and asset structure in domestic and raises the price of the real estate and the exception of inflation.As a result,labor costs is pushed up and consumer demand is squeezed,which imposes extra difficulties on the business production and operation.Then the paper suggest that China should further promote the interest rate marketing reform,correct the situation of negative interest rate and keep the economy growing in a healthy and sound way.