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Author:Miu, Mancong
Title:Effects to check deflation (original in Chinese)
Journal:Banks and Companies (c)
1999 : 9, p.8-9
Index terms:DEFLATION
ECONOMIC POLICY
CHINA
Language:chn
Abstract:To check deflation, the following five effects must be got into full play. They are: 1. the flexible effect from a properly easy money policy; 2. the complementary effect from linking financial policy and monetary policy; 3.the interest-driving effect from a proper monetary and credit policies in the micro-financial activities; 4. the directive effect from the credit policy in adjusting the economic structure; 5.the starting-up effect from the financial instruments in influencing the consumer market.
SCIMA record nr: 204996
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