中国の経済成長と金融政策の役割

概要

論文の詳細を見る
The economic conditions are not always stable, but unstable and extremely complicated undergoing stagnation and overheat. The global Great Depression that happened in 1930's is just one example, and it suggested that the improvement of the situations was not done only by the market mechanism, but that it required some governmental policies. The macroeconomic policies (mainly fiscal and monetary policies) that were proposed by Keynes can be said to be the prescription that was vitally necessary for such economic problems. Until today since the reform and the open door policy of 1978, the Chinese economic growth has been really remarkable. It has been due to various factors, but the role of the macroeconomic policy by the Chinese Government and the People's Bank of China must have been important. In this thesis I set the period between 1994 and 2005 as the object of analysis, and study the role of the monetary policy that accomplished the Chinese economic growth. The composition of this thesis is as follows: In Chapter I , I outline the fruit of the Chinese Reform and Open Door Policy showing Main Macroeconomic Indicators. In Chapter II , I analyze the process that the Chinese monetary policy has traced, and then study the effect of the monetary policy by using the IS-LM Model. And last of all, I view the ideal form as well as the problems to be solved of the future Chinese monetary policy on the basis of this study.