Debates and Analysis of the Withdrawal of the Fiscal and Monetary Policy
- 经济学院－已发表论文 
本文认为,在全球经济复苏特别是澳大利亚、挪威政府开启加息程序的背景下,考虑财政货币政策的调整问题是很有必要的。国内生产总值增长速度、居民消费价格指数同比增速、投资与进出口增速、国内政策之间的配合程度、国际之间政策的协调程度等可以作为对财政货币政策调整与退出作出判断的重要指标。文章提出,中国积极的财政政策应该在2011年下半年或2012年开始逐渐淡出直至退出,货币政策应该继续维持"适度宽松"的基调,真正向"适度宽松"回归,并注意把握好政策的重点、力度和节奏,从而更好地发挥货币政策支持经济增长、保持物价稳定的作用,同时还应密切关注美国货币政策的动向。To cope with the economic recession brought by Sub-prime crisis，other countries in the world implemented a proactive fiscal policy and an easy monetary policy. China is not an exception. By providing more government investment，implementing a structural tax reduction， raising the interest rate and the reserve requirements， China's economy has successfully gone out of the dilemma. In the global economic recovery context，especially when the Australian and Norway government increased the interest rate，to consider the adjustment of the fiscal and monetary policy issues and the withdrawal mechanism are necessary. In the authors' opinion，GDP growth，CPI growth，investment and export growth，the co-ordination of the domestic policies，the co-ordination between the international policy and domestic policies can serve as criterions to make adjustments and withdraw about the fiscal and monetary policy. Active fiscal policy should begin to fade out in the second half of 2011 or 2012，monetary policy should continue to maintain "moderate liberal" in tone，and truly return to the "moderate liberal". In addition，we should also pay close attention to the U.S. monetary policy.