China’s Approach to Economic Policies

M. S. S. Namaki

Chapter 12 in Strategic Thinking for Turbulent Times, 2014, pp 94-98 from Palgrave Macmillan

Abstract: Abstract The onset of the credit crisis has brought about a frantic search for solutions. The problem assumed massive proportions in the USA and induced waves of economic instability in other countries, including China. The USA unleashed a massive set of policy instruments with the explicit aim of regaining economic balance. Those stretched all the way from monetary and fiscal policies to trade and capital market instruments. Other countries in Europe, notably Germany, pursued the same track. China followed suit. Interest rates were reduced, government spending increased and export promotion initiatives enhanced. The measures looked identical but the outcome differed. Why?

Keywords: Interest Rate; Fiscal Policy; Trade Policy; Government Spending; Credit Crisis (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-41400-7_13

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137414007

DOI: 10.1057/9781137414007_13

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().