On The Causes Of Our Country On An Inflation And Governance

As our country enters a new round of economic growth cycle, the fifth round of inflation in China since the reform and opening up has emerged, with the starting point of the year 2003 and the outbreak period from the second half of 2007 to 2008, ending at the end of 2008 .Regardless of the causes of the current round of inflation, or its manifestations, it has emerged with different characteristics from the past. The inflation is not caused by the sole factor, and different from the previous types of inflation of the formal theory in the performance, with complex causes and the special background. Because of this, a fierce academic debate has made and formed different theoretical perspectives.As a developing large country, China's socio-economic restructuring is not completed. If it can't effectively curb the inflation, the wealth of the people accumulated in the 30 years'reform and development must finally shrink, and the residents, enterprises and all sectors of society will face more pressures. As our country continues to deepen economic reform and builds a comprehensive well-off society, the inflation is still a problem plaguing us. Studying the causes of the current round of inflation in theory, especially studying the particularity of a large developing country in the context of economic globalization, and evaluating its policies, have a very important theoretical value and practical significance.This article is divided into five parts. The first part reviews the basic theories of the domestic and foreign inflations. It mainly introduces the definition, types of the inflation, and the ways of governance, in order to lay a theoretical foundation for the whole paper. In this section, it indicates that China has the prerequisite to refer to the anti-inflation experience of the developed countries, but must pay attention to academic innovation, and can't copy slavishly. The second part analyzes the characteristics and the causes of the last inflation. First of all, it reviews the academic viewpoints around the causes and the governance of last inflation, although the different viewpoints have explained this inflation from one side, but haven't reached a consensus. Through the analysis of the data of the economic operation, compared with all the inflations since reform and opening up and the global economic situation, it makes a summary of the basic characteristics of the current round of inflation, and analyzes the direct causes of the current round of inflation as well as the underlying causes. In this section, it indicates that the current round of inflation is a hybrid inflation with significant Chinese characteristics. The third part makes a performance appraisal of last government's anti-inflation policies. First of all, it makes the performance appraisal criteria of the anti-inflation policies, then sums up the path of this anti-inflation and makes performance appraisal of the anti-inflation policies. In this section, it indicates that this anti-inflation has made some effect, but there are also many problems. The fourth part puts forward the proposals of our anti-inflation measures. In terms of the causes of the current round of inflation, as well as taking into account China's specific stage of development and the basic national conditions, the future countermeasures to combat inflation are proposed. In this section, it indicates that our country will face such hybrid inflation with Chinese characteristics for a long time to come, we should prepare for a rainy day. The last part are the conclusions. On the basis of the former four parts, it summarizes five conclusions, and indicates that to perfect China's anti-inflation measures, the macroeconomic regulation must go beyond the traditional model, and actively participate in international economic coordination.