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Author: | Fang, Chunshu Nie, Jianping |
Title: | An analysis of evidence on the relation between the monetary supply, economic growth and price hike (original in Chinese) |
Journal: | Banks and Companies (c)
1995 : 1, p.3-7 |
Index terms: | MONEY SUPPLY ECONOMIC GROWTH PRICE LEVEL ECONOMIC THEORY |
Language: | chi |
Abstract: | A moderate amount of monetary input into the economic system can push economic growth forward to a great extent. However, with the formation and perfection of China's socialist market system, the driving force of money to economic growth will be reduced. Excessive monetary input will lead to a higher level of process, producing more negative effects than positive ones. |
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