Open AccessThe new program of stimulation of economy of China
Author(s) -
I. A. Nasibov
Publication year - 2012
Publication title -
vestnik mgimo-universiteta
Language(s) - English
Resource type - Journals
eISSN - 2541-9099
pISSN - 2071-8160
DOI - 10.24833/2071-8160-2012-6-27-122-124
Subject(s) - china , government (linguistics) , incentive , chinese economy , national economy , economic policy , economics , financial crisis , fell , business , market economy , economic system , political science , macroeconomics , biology , law , paleontology , philosophy , linguistics
Not only have the effects of the global financial and economic crisis provoked the slowdown in economic growth in China. A Chinese government policy was also aimed at cooling the economy to remove the existing socio-economic imbalances. As a result of the crisis and the actions of the government of China's economic growth fell to a critical level. In this situation, the government of China has decided to launch a new program to stimulate the national economy. However, this program is qualitatively different from the incentive program of 2008-2009.