China＇s Current Inflation： Characteristics, Causes and Countermeasures  

作　　者：苏剑 

机构地区：[1]School of Economics, Peking University, China

出　　处：《China Economist》2011年第4期110-118,共9页中国经济学人（英文版）

摘　　要：China＇s current inflation differs from that of the 1980s. The Current inflation is being caused by factors from both the supply and demand sides, and should therefore be addressed from both sides as well With a new policy analysis framework, we suggest that China now needs to adopt a policy combination of ＂supply expansion and demand tightening.＂ Demand tightening should mainly rely on the policy of quantitative monetary tightening, which specifically includes further tightening of capital controls and encouragement of outbound investment. Supply expansion should mainly rely on policies of tax cuts, Renminbi appreciation, reform, improvement of administration, and technological progress.

关 键 词：STAGFLATION supply management excess liquidity AS-AD model 

分 类 号：F832.48[经济管理—金融学] D63[政治法律—政治学]