Loose fiscal,tight monetary policies suit future restructuring

来源 :China Economist | 被引量 : 0次 | 上传用户:chenzeqian
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Various statistical and theoretical analyses indicate that China will face a more difficult and complex international environment in the upcoming post-crisis era.China’s economy has come to a point where restructuring,which has been an important area of research,is inevitable.This paper looks first at the three symptoms of an unreasonable economic structure and their roots from institutional and development strategy aspects.It concludes that China’s basic economic restructuring policies should be oriented toward a loose fiscal policy and a moderately tight monetary policy on the basis of deepening institutional reform. Various statistics and theoretical analyzes that that China will face a more difficult and complex international environment in the upcoming post-crisis era. China’s economy has come to a point where restructuring, which has been an important area of ​​research, is inevitable.This paper looks first at the three symptoms of an unreasonable economic structure and their roots from institutional and development strategy aspects. It concludes that China’s basic economic restructuring policies should be oriented toward a loose fiscal policy and a moderately tight monetary policy on the basis of deepening institutional reform.
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