China's money supply fluctuations research
|Keywords||Money supply fluctuation Economic fluctuation deposit structure Base money Reasonable range|
The article focused on the problem of fluctuations in China’s money supply from 1953 to 2000. The main objectives of the study are to uncover the regulations and features of fluctuations in China’s money supply since the foundation of new China and to analyze the causes of the money supply fluctuations, then to find out the basic measures to smooth and weaken the money supply fluctuations. Besides an introduction, the article is divided into four chapters. The introduction includes the outline of historical document, the way of study and the structure. The main content of chapter 1 are the analysis of the repetition of the historical phenomenon of money supply fluctuation since the foundation of new China and the discussion about the nature and features of the money supply fluctuation in our country, as well as the fluctuation period, amplitude, frequency and component stages on each cycle. The second chapter uncovers varied factors influencing money supply fluctuation and explains how the changing factors bring about money supply fluctuation after all. In analyzing the internal reasons of the money system for fluctuation, on the one hand, the author analyzes the increase of the deposit and the changes of the deposit structure; on the other hand, analyzes the changes of the money multiplier and the base money In analyzing the external reasons of money system for fluctuation, the author analyzes the relationship between money supply and economic growth, and then checks the effect of economic policy on money supply fluctuation. Chapter 3 makes a study of reasonable range of money supply fluctuation and puts up how to smooth and weaken the money supply fluctuation in our country. The last chapter makes a simple conclusion on the whole article.