Why Should the Active Fiscal Policy be Continued

Chen Gong

Journal of Central University of Finance & Economics ›› 2001, Vol. 0 ›› Issue (06) : 0-0.

Journal of Central University of Finance & Economics ›› 2001, Vol. 0 ›› Issue (06) : 0-0.
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Why Should the Active Fiscal Policy be Continued

  • Chen Gong
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Abstract

Great success has been achieved, even though China only has three years experience in implementing the active fiscal policy. This shows that China has accumulated experience in controlling both inflation and deflation in the area of macro adjustment. An important part of the experience is to implement the active fiscal policy. The central government has clarified that it will continue to pursue the active policy this year. This decision was made based on the current economic situation. The topics that we should focus on are: why should we continue the active fiscal policy? Why can we continue? Some efforts should be made to release worries about continuing the active fiscal policy through theoretic reasoning.

Key words

Active fiscal policy / Expand domestic demand / Risk

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Chen Gong. Why Should the Active Fiscal Policy be Continued[J]. Journal of Central University of Finance & Economics, 2001, 0(06): 0-0

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