ID | 4452 |
FullText File | |
Title Alternative | China's Fiscal Policies under the COVID-19 Pandemic in 2020
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Authors | |
Self DOI | |
Journal Title |
The Wakayama economic review
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ISSN | 04516222
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NCID | AN00071425
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Volume | 405
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Start Page | 17
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End Page | 34
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Order | 02
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Published Date | 2021-06-01
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Language |
jpn
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Docuemnt Type | 論文
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Keywords | 新型コロナウイルス
中国財政
地方債
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Keywords Alternative | COVID-19 Pandemic
China's Fiscal Policy
local bond
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Abstract Alternative | With the COVID-19 outbreak and pandemic, the year 2020 has become a crucial year for the Chinese Government to prevent further economic crises. At the National People’s Congress in May, an aggressive fiscal policy was adopted that contains expansion of the budget deficit, issuance of special government bonds for countermeasures against COVID-19, and expansion of new issuance quotas for special local bonds. These means are expected not only to avoid economic meltdown but also to build “dual circulation” during the 14th Five-Year Plan (2021–2025).
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Content Type |
Departmental Bulletin Paper
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Text Version |
publisher
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