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| Author: | Qi, Aijun |
| Title: | An preliminary analysis of the dummy economy (original in Chinese) |
| Journal: | Macro Economic Management (c)
1999 : 5, p.27-28 |
| Index terms: | CAPITAL MARKETS FINANCIAL MARKETS INFORMATION TECHNOLOGY COMPUTER NETWORKS COMPUTER ACCOUNTING |
| Language: | chn |
| Abstract: | The dummy economy is in contrast with the physical economy. The trade globalization and financial deregulation are the bases of the occurrence and development of the dummy economy. By means of computer technology and modern mechanics of communication, faster capital mobilization, clearance, and dealings can be conducted in the worldwide stock and monetary markets. The foam of the dummy economy shows that serious problems exist in the physical economy. if problems arise in the dummy economy, the physical economy will be seriously affected. The foam of the dummy economy will directly cause inflation and deflation. |
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