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- W2382398884 abstract "In order to stimulate economic growth,monetary policy and expansionary fiscal policy are usually implemented,which will result in low interest rates and high return on investment.In terms of accounting income,this will causeincome wide-gap phenomenon,a condition that provides opportunities to utilize financial leverage.However,the excessive use of financial leverage will cause asset bubble;in the meanwhile the use of fair value accounting on the valuation of the assets would further inflate the asset bubble.As a result,irrational investment flooded the market——the market focuses more on speculation and gambling,emphasizes financial allocation rather than production.As China's economy showed significant feature of gambling economy,and this issue has seriously affected industrial restructuring,it is crucial to identify,manage and reduceincome wide-gap phenomenonto improve and better the industrial restructuring in China." @default.
- W2382398884 created "2016-06-24" @default.
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- W2382398884 date "2012-01-01" @default.
- W2382398884 modified "2023-09-28" @default.
- W2382398884 title "The Phenomenon of Gain Width and the Treatment ofBetting Economyin China" @default.
- W2382398884 hasPublicationYear "2012" @default.
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