Ⅰ.New macroeconomic controls not fully realised China introduced a new set of macroeconomic controls in 2004 in an attempt to control excessive growth.Due to the impact of the Asian Financial Crisis, China’s economy...Ⅰ.New macroeconomic controls not fully realised China introduced a new set of macroeconomic controls in 2004 in an attempt to control excessive growth.Due to the impact of the Asian Financial Crisis, China’s economy grew at a low growth rate between 1998 and 2001.However it accelerated from 2002 onwards,and saw a GDP increase of 11%in the fourth quarler of 2003,a historical high since 1997展开更多
The goal of China’s economic structural reform is to establish a socialist market system in China which will play a fundamental role in the disposition of natural resources under the macrocontrol and regulation of th...The goal of China’s economic structural reform is to establish a socialist market system in China which will play a fundamental role in the disposition of natural resources under the macrocontrol and regulation of the government. This means, on the one hand, that in accordance with the law of value in open market activities,展开更多
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 pap...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.展开更多
文摘Ⅰ.New macroeconomic controls not fully realised China introduced a new set of macroeconomic controls in 2004 in an attempt to control excessive growth.Due to the impact of the Asian Financial Crisis, China’s economy grew at a low growth rate between 1998 and 2001.However it accelerated from 2002 onwards,and saw a GDP increase of 11%in the fourth quarler of 2003,a historical high since 1997
文摘The goal of China’s economic structural reform is to establish a socialist market system in China which will play a fundamental role in the disposition of natural resources under the macrocontrol and regulation of the government. This means, on the one hand, that in accordance with the law of value in open market activities,
文摘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.
