ROLE OF POLICY TOOLS IN ECONOMIC FLUCTUATION
Qian Min-ze
Abstract
Qian Min-ze
Abstract
Analysis of present economic situation by business cycle method shows that it relies mainly on the expansionary fiscal policies that Chinese economy goes by the inflexion and enters resuming stage of growth from June 1999.For some period of the future,acive fiscal policy is still the main motive for continuous economic growth.
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Analysis of present economic situation by business cycle method shows that it relies mainly on the expansionary fiscal policies that Chinese economy goes by the inflexion and enters resuming stage of growth from June 1999.For some period of the future,acive fiscal policy is still the main motive for continuous economic growth.
Key concepts: Business cycle, Fiscal policy, Economics, Economic expansion, Macroeconomics, Economic policy, Monetary economics, Economic system