全球反危机财政政策的长短期效应

The Long-Term and Short-Term Effects of Global Anti-Crisis Fiscal Policies

席卷全球的金融危机和经济危机使各国经济遭受了严重的冲击,引发了不同程度的衰退,世界各国纷纷出台金融救助和经济刺激政策。迄今为止,各国财政刺激政策取得了明显的短期成效,但是经济中长期存在的根本弊端并没有得到有效改善,并且,大规模的刺激计划所导致的巨额负债,使各国政府进一步刺激经济的政策空间几乎耗尽,也为全球经济的长期发展埋下了债务危机及货币危机的隐患。美国等西方国家长期的赤字财政是导致全球金融危机与经济危机的根本原因之一,这种因赤字财政导致的问题再用更大规模的赤字财政加以治理的恶性循环,应引起人们对经济运行规律以及凯恩斯主义和新自由主义理论更多的思考。

The economies of various countries have been shocked by the global financial crisis and underwent recessions with different degrees.Governments all over the world have introduced policies of financial rescue and economic stimulus.Up to now,fiscal stimulus policies have achieved significant short-term effects,however,the fundamental long-standing problems in the economy have not been effectively solved at all.What is more,the huge debt caused by large-scale stimulus plans almost used up the policy space of all governments to stimulus economies fiscally,and has also become the hidden dangers to long-term development of the global economy.The long-term deficit financing of America and other Western countries is the fundamental cause of global financial crisis,and this vicious circle,that is,using large-scale deficit finance to solve the problems caused by deficit finance,should draw more consideration about the law of economy,as well as the Keynesian and new liberalism thoeries..