Macroeconomic Policy and Steady Growth in China is popular PDF and ePub book, written by Zhang Xiaojing in 2021-09-19, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Macroeconomic Policy and Steady Growth in China can be Read Online from any device for your convenience.
Macroeconomic Policy and Steady Growth in China Book PDF Summary
Since the appearance of macroeconomics in the 1940s, economists have created many theoretical frameworks to explain the origin and mechanism of economic fluctuations. However, few of these have managed to gain explanatory power over reality; nor can they solve real-life problems. This book proposes a new macroeconomic paradigm that makes breakthroughs in these areas. Based on a balance sheet approach and macro-financial linkage analysis, this book carries out a comprehensive analysis of the trends within China’s macroeconomy in 2020. The author argues that the COVID-19 pandemic created a great degree of uncertainty—therefore, supply-side structural reform and improved total factor productivity have been promoted to ensure a policy of steady growth. Given the declining economic growth rate in percentage terms, China has needed to adapt to a moderate increase in the leverage ratio while applying more effective fiscal policies to achieve a dynamic balance between stable growth and risk prevention. Scholars and students of economics and finance, especially Chinese economics, will find this book a useful reference.
Detail Book of Macroeconomic Policy and Steady Growth in China PDF
- Author : Zhang Xiaojing
- Release : 19 September 2021
- Publisher : Routledge
- ISBN : 9781000406535
- Genre : Business & Economics
- Total Page : 249 pages
- Language : English
- PDF File Size : 19,7 Mb
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