- PII
- S0321-50750000617-4-1
- DOI
- 10.31857/S50000617-4-1
- Publication type
- Article
- Status
- Published
- Authors
- Volume/ Edition
- Volume / Issue 6
- Pages
- 18-23
- Abstract
- After joining the World Trade Organization (WTO) in 2001 China has lost benefits arising from the former nature of its economy “closed” from the outside world. Nowadays, the country, which has become an important component of the world economy, is not only influenced by the dynamics of the world prices on domestic prices (raw materials and food products), but determines the level of prices for many kinds of industrial products. Over the past 10 years there have been sharp fluctuations of domestic prices while the consumer price index rose only slightly. However, the causes and essence of the growth of prices, fiscal policy in general are significantly different from the processes that took place in the period before the country’s accession to WTO. The analysis of these differences is the subject of this article.
- Keywords
- China, financial policy, domestic prices, dynamics of prices
- Date of publication
- 01.06.2013
- Number of purchasers
- 1
- Views
- 1318
RAS History & PhilologyAsia and Africa Today
- ISSN (Print) 0321-5075
- ISSN (Online)2782-2389
CHINA’ FINANCIAL POLICY AFTER JOINING THE WTO
Индексирование
Scopus
Crossref
Higher Attestation Commission
At the Ministry of Education and Science of the Russian Federation
Scientific Electronic Library