The Trend of Fiscal Policy Against the Background of Domestic Demand Expansion
Chi Mei-qing
Abstract
Chi Mei-qing
Abstract
The on-going global fianancial market unrest triggered by the sub-prime mortgages crisis in the USA have made global countries have an economic recession,and China's economic growth rate started to decline,too.Against such a background,it is specially necessary and urgent to have the domestic demand expansion and stabilized economic growth.On the analysis of the role of the investment and consumption of household to steady economic growth,this paper put forward some financial and tax policy in order to expanse domestic demand and stimulate consumption.
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The on-going global fianancial market unrest triggered by the sub-prime mortgages crisis in the USA have made global countries have an economic recession,and China's economic growth rate started to decline,too.Against such a background,it is specially necessary and urgent to have the domestic demand expansion and stabilized economic growth.On the analysis of the role of the investment and consumption of household to steady economic growth,this paper put forward some financial and tax policy in order to expanse domestic demand and stimulate consumption.
Key concepts: Economics, Recession, Consumption (sociology), Fiscal policy, China, Unrest, Aggregate demand, Investment (military)