The Research On The Coordination Between Fiscal And Monetary Policy Of China

The financial policy and monetary policy are two main means of government to adjust macro economy under the market economy condition. The coordination and flexible use of them has been one of the focus problems of economists and the government. The financial policy and monetary policy should reach their own goal to keep economy develop steadily. And we also need to pay more attention to their cooperation.Through the existing fiscal and monetary policy coordination of research literature summaries, found so far, although a large number of domestic fiscal and monetary policy on the evaluation of the effectiveness of the article, but the evaluation of fiscal and monetary policy coordination effects were rare. The author believes that evaluation of effects of fiscal and monetary policy coordination should first establish whether the coordination of fiscal and monetary policy evaluation criteria. Therefore, based on evaluation criteria established, the paper coordination of fiscal and monetary policy in China was examined, there may be some innovation.This article mainly is divided four parts: The first part introduces the theory of financial policy and monetary policy coordination. To achieve this goal, by modern famous western economists' statements, this part discusses the differences in finance-currency policy and correlation and the necessity for cooperation and the style modes.The second part is chiefly about applying the theory to practice. Reviewing the process of mutual coordinating between financial policy and currency policy, choosing corresponding quotas to check up the effects of finance-currency policies in our countries scientifically, we do believe that this way make it believable for the above analysis.The third part majorly discusses the reasons for causing the insensitive coordination between financial policy and currency policy. The mains factors are as follows: lack of coordination within the policy; technical factors; policy authorities and the lack of understanding between the co-ordinations of policy coordination with the relevant mechanisms.,and the shortage of related systems.To the factors influencing the policy's' coordination, the fourth part proposes related suggestions to perfect the effect of policy's coordination.