Study of the Macroeconomic Effects of China's Financial Deficits
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Divided into four parts, this consideration establishes a theoretical framework that analyzes the large-scale effects of China's fiscal deficits. A detailed review, this account discusses a variety of topics, including policy sustainability, national savings, nominal interest rates, money supply, inflation, and balance of trade. In addition, this empirical study evaluates the implications China's fiscal deficit policy on macroeconomic regulation and control function.
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