Active fiscal policy: New logic of Chinese practice
March 23, 2023 10:32 Source: China Social Sciences Magazine Author: Xing Li Chen Long

  Bet365 app download China's active fiscal policy implements the people -centered development idea,Unlike traditional Western macro fiscal policy logic,With distinctive Chinese characteristics,It is a major macroeconomic governance policy innovation in the process of modernization bet365 live casino games of Chinese -style modernization。Although the views of "Keynes Tradition" and "Non -Kanes Tradition" are very different,But the basic goals and methodology foundations of its policy are roughly the same,It constitutes the traditional Western macro fiscal policy logic。Current,This logic is facing more and more realistic dilemma。Chinese active fiscal policy,While restoring the supply and demand balance and the level of potential growth,Pay more attention to improving the potential Bet365 app download growth rate in the future,The transformation from the traditional logic of the West to the new logic。What needs to be emphasized is,Under the logic,Formed a new paradigm of fiscal policy, it is necessary to re -understand the nature and reasonable scale of the fiscal deficit、The role of government debt and risk measurement standard、Space and role of tax reduction and fee reduction、Methods and focus of demand management、Policy cost and efficiency basic categories。 

  Keywords:Active fiscal policy  Fiscal Opinion  Potential growth rate 

  AuthorXing Li,Researcher of the Chinese Academy of Finance Sciences; Chen Long,Researcher at the Chinese Academy of Finance Sciences。(Beijing 100142) 

Editor in charge: Cui Cen
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