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中国经济结构调整的政经悖论(国外英语资料)
中国经济结构调整的政经悖论(国外英语资料)
The paradox of political and economic China economic structure adjustment -- effective reform methodology two
Chinas economic reform has been entangled in steady growth and deleveraging, structural adjustment, then the current macro-control approach is sustainable? Why is the economic leverage increasing and the structural adjustment needed to make little progress? This article hopes to explain the internal contradictions of Chinas political and economic structure, and proposes a series of political conditions that need to be satisfied effectively.
The concept and reality of non stimulus, deleveraging, and structural adjustment
The administration idea of the new government has been summed up as non stimulus, deleveraging and restructuring.
But the reality is that once the economy began to show signs of down, the central bank will be under the pressure of all parties to choose again and again, and ministries have begun to accelerate project approval. Many times micro stimulation accumulated into stimulus, big stimulus, deleveraging instead became leverage, restructuring required for key areas of reform, but it is difficult to achieve effective breakthroughs.
It is no exaggeration to say that from a macro policy over the past two years Chinese reform and actual progress, the existing system operation logic to pressure is far too correct philosophy of governance logic, and the inertia of the original pattern of interests is far more stronger than government deleveraging, structural adjustment efforts.
Even as early as in the planned economy period, China fragmentation system as a piece of the local government has continued to increase leverage impulse, and as the all various central ministries, the natural duty is as the representatives of the central government to cooperate with each other to achieve economic austerity. Whether in 1980s or in 1990s, a major responsibility of the relevant ministries of the State Council was to meet the pressure, c
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