Title: The International Financial Crisis and China's Fiscal Policy Designing:Function,Objective and Power
Abstract: The paper explored a number of important issues on China's fiscal policy designing and implementation combining theory with practice with international financial crisis.Firstly it revealed the basic functions of fiscal policy and suggested that it should be divided into two types of policy called stability and re-stability from both maintaining and correction.Secondly it put forward that the fiscal policy objective should be adjusted to promote full employment from achieving economic growth based on analysis of financial policy objective dislocation issue from both economic and social objectives of the fiscal policy.Finally it put forward the idea of establishment of a separate stable account on the basis of study of the present problems of government budget from fiscal measuring of policy powers.
Publication Year: 2009
Publication Date: 2009-01-01
Language: en
Type: article
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