Title: The New Characteristics of Business Cycle in Economic Globalization
Abstract: Economic Globalization is the most important characteristic of our times, which can not be held up. Business cycle takes on several new characteristics under this trend. First, Business cycle fluctuates more feebly; Second, Business cycle is longer than before, The third, Business cycle happens at the same time in different country. In China, Business cycle takes on similar characteristics. The government's policy should adjust to these new characteristics.
Publication Year: 2004
Publication Date: 2004-01-01
Language: en
Type: article
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