Author: | liu, Xianfa |
Title: | "Japan trap" and present China's macro-economic realistic (original in Chinese) |
Journal: | Economic Research Journal (c)
1999 : 8, p.40-47 |
Index terms: | MACROECONOMIC MODELS DEFLATION FINANCIAL POLICY CHINA |
Language: | chn |
Abstract: | At present China's economy is in a hard situation analogous Japan's tightening currency and floating trap, We should re-understand the sense of keeping price stable, put tightening currency restriction as the main readjusting goal of present central bank, go on practice expanding financial policy and readjust RMB exchange rate on time. |
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