Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/110041 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
Working Paper No. 783
Verlag: 
Levy Economics Institute of Bard College, Annandale-on-Hudson, NY
Zusammenfassung: 
This paper examines the fiscal and monetary policy options available to China as a sovereign currency-issuing nation operating in a dollar standard world. We first summarize a number of issues facing China, including the possibility of slower growth, global imbalances, and a number of domestic imbalances. We then analyze current monetary and fiscal policy formation and examine some policy recommendations that have been advanced to deal with current areas of concern. We next outline the sovereign currency approach and use it to analyze those concerns. We conclude with policy recommendations consistent with the policy space open to China.
Schlagwörter: 
China
Policy Space
Fiscal and Monetary Policy
Sectoral Balances Approach
Minsky
Sovereign Currency
Modern Money Theory
Middle-Income Trap
Financial Instability
JEL: 
E2
E5
E6
F4
G2
G3
H5
H6
H7
H63
H72
Dokumentart: 
Working Paper

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