Study of Fiscal Policies Promoting the Balance between China's Internal and External Economy (ePub)
Under the circumstance of open economy, one of the basic objectives of macroscopic readjustment and control is the balance of national economy, including internal and external balance.Since the reform and opening up, China has been gradually integrating...
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Under the circumstance of open economy, one of the basic objectives of macroscopic readjustment and control is the balance of national economy, including internal and external balance.Since the reform and opening up, China has been gradually integrating into the world economy. However, it is also facing the problem of increasingly serious internal and external economic imbalances.Internal economic imbalance is characterized by excessively rapid investment growth and surplus savings, and seriously inadequate consumption, especially household consumption; external imbalance is characterized by "e;double surpluses"e; (current account and capital account) and a substantial increase in foreign exchange reserve.Internal and external imbalances not only damage the social welfare of domestic residents, but also fundamentally restrict the sustainable and healthy development of China's economy.
Bibliographische Angaben
- Autor: Xia Jing
- 2015
- ISBN-10: 7516616680
- ISBN-13: 9787516616680
- Erscheinungsdatum: 01.05.2015
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