search query: @author Zhang, Zhuoyuan / total: 7
reference: 5 / 7
| Author: | Zhang, Zhuoyuan |
| Title: | Growth rate of money supply not surpass that of GNP by 100% (original in Chinese) |
| Journal: | China Industrial Economics Research (c)
1994 : 5, p.4-6 |
| Index terms: | MONEY SUPPLY MONETARY POLICY GROSS NATIONAL PRODUCT CHINA |
| Language: | chi |
| Abstract: | To maintain macro economic stability and to avoid economic over-heatedness, the key is the implementation of steady monetary policy. The intermediary target of the monetary policy is to change control over credit scale and cash issue into control over quantity of issue. In light of the past experience and the conditions in China, the growth rate of monetary supply must be controlled within the range of one time higher than the growth rate of GNP. |
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