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- W2384562187 abstract "In the global financial crisis,countries all over the world are suffering from a sustained economic recession,which is not a cyclical downturn in general sense,but a typical recession of balance sheet.Thus the coordination between fiscal policy and monetary policy is the fundamental choice of macro-economic policy in response to the crisis,although fis-cal policy is also critical.At present,China is facing a recession in the balance sheet as well,so our government's pro-active fiscal policy and moderately relaxed monetary policy are correct and effective.However,it is necessary to make further ad-justments to the current macro-economic policies,especially in the respects of income distribution,fiscal expenditure,mone-tary policy,foreign trade and industrial policy,in view of the persistence of global economic crisis as well as the rising of many problems during the process of macro-economic policy execution." @default.
- W2384562187 created "2016-06-24" @default.
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- W2384562187 date "2009-01-01" @default.
- W2384562187 modified "2023-09-26" @default.
- W2384562187 title "The Nature of the Current Economic Recession and the Option of Macro-economic Policies" @default.
- W2384562187 hasPublicationYear "2009" @default.
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