Deflation during the Period of Transformation: Background, Causes, and Policies

Author: Liu Jianguo
Publisher:
Publish Date: 2003-09-01
Features: The Chinese economy is at a crucial historical turning point, marked by the transition from a planned economy to a market economy and from an agrarian society to an urban and industrial society. This book conducts an in-depth theoretical analysis of the background and causes of deflation during China's transition period, draws on international experiences and lessons, and explores short-term demand regulation policies and long-term structural adjustment policies to address deflation. These constitute the main content of the book. It is suitable for researchers and educators in the field of Chinese macroeconomics, as well as for graduate students and upper-level undergraduates in related disciplines.