(영문)인플레이션, Inflation china

소개글

인플레이션 이해와 평가, 중국
Analysis, Evaluation , Inflation

목차

I. Introduction
1.0 What is Inflation ?
1.1 History of inflation in china

II. Economic Reasoning And Arguments
2.0 The Main Causes of China’s Inflation
2.1 The Mistake of Inflation in china

III. Analysis, Evaluation And Recommendation
3.0 Hyperinflation of China& Government Policies
3.1 Recommendation to solve the problem of inflation

IV. References

본문내용

Introduction
1.0 What is Inflation ?
Inflation is defined as a continuing and rapid in the general level of prices for services and goods that measured as an annual percentage increase. Increasing rates of inflation highly is commonly associated with fast growing economies where the demand is higher than the country’s productive capacity.

1.1 History of inflation in china
Inflation's rate of china had risen rapidly between the 1930s and 1940s,when the china's economy was highly unstable.Because of a civil war in 1940s, the economic situation became worse. So, food prices soared andhit purchasing power. To overcome economic depravation, the china's government implemented a series of recuperative measures during in theearly 1950s and 1978. They are nationalization of banking institutions, currency reformsand the strict regulation of product prices and money supply. Owing to these policies, China succeeded in recovering price stability.

참고 자료

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The American Economic Review 1991,Barry Naughton, Why Has Economic Reform Led to Inflation? [Online] Available at http://www.jstor.org/discover/10.2307/2006855?uid=3738672&uid=2129&uid=2&uid=70&uid=4&sid=47698893085177[Accessed 18th April 2012]