Modern Western Government Macro Economic Intervention Theory Development And Compared

Entering new century, economies have different degrees of development progress, economic situation development, economic development is more and more complicated problems in more and more, the problem caused by the destructive are getting more and more serious.08 outbreak of America's "financial tsunami" is sweeping the globe, caused the inestimable economic losses. With China's participation in global economic extent deepened, our country economy more and more vulnerable to global economic disturbances. In the economic crisis, our country economy was greatly affected.The economic question is need economic theory to guide, western economics theory development so far, especially after the last century of booming development, has been committed to explain and guiding realistic economic development. So now this an economic development very period, more needs us to summarize compared these government intervention of macroeconomic theory, in order to the economic situation now provide some helpful ideas.In this paper, first for modern western main economic school of government macro economic intervention theory were introduced in detail, including schools and their representatives intro, theoretical premise supposition introduction and analysis method of government intervention in the introduction, the conclusion is introduced, etc. Keynes theory is mainly analysis in capitalist society exists inevitable demand, difficult to achieve full employment levels, so the government needs to invest to promoting consumption, thus through economic crisis. Neo-classical synthesis the inheritance and development of Keynes theory, this paper presented "contrary to action" fiscal and monetary policy. Monetary school is in the representative figure in monetary led Friedman number theory and permanent income plus said as the foundation, put forward by the monetary policy can solve all problems conclusion. Supply of stagflation crisis of school through analysis, thought the government ignored supply role look, the government should supply increases on tax cuts, made, and through the crisis. New classical macroeconomic school was everybody become the rational anticipated school, because the school relies mainly on the rational anticipated etc hypothesis analysis of macroeconomic problems, think the government should not intervene in the economy, market economy will recover smoothly. By adding new Keyncsian microeconomic foundation research and more joint actual theoretical assumptions, making the Keynesian theory by governments attention again, they also stressed the government on macroeconomic intervention. Additionally this paper also add some North thought theory of institutional change, and I hope to study the government's macroeconomic intervention help.Then it is all-around comparison, including different schools about government macro economic intervention theory background comparisons, premise supposition comparison, theory content comparisons, the comparison of theoretical conclusion. Through the comparative study to understand the differences between each theory, trying to find the most suitable for the current economic situation government macro economic intervention theory.Through the comparison, this paper argues that at present the complex economic situation need those more joint reality assumption developed on the basis of economic theory to guide economic operation, and need involves the national economy each multiple aspects of economic theory common guide economic operation. The government as a means of adjusting the national economic operation of complex subject, insist principle is to ensure the economy running smoothly, rather than economic operation of disturbance to the policy to hear many parties concerned, as a whole multiple aspects, when necessary guarantee policy in different regions, different industries, in different periods of differentiation. These all require explicit laws and regulations and honest and efficient government to implement. And the western countries economic cyclical unrest, actually is due to socialized production and assets to private ownership by the contradiction between incompatible. With the development of our national economy, private economy for proportion is more and more, Chinese economy, the problems will be more and more. So in dealing with China's economic problems, reduce private ownership economy and increase the collective economy, is also the government can draw lessons from theory.In the last section of this paper, it introduced since the reform and opening in China appear of several times important economic crisis, and the economic crisis in 2008 to produce concrete influence, China's existing various economic problems. On various government macro economic intervention theoretical analysis, on the basis of comparison of hope our government to strengthen supervision of financial markets, prevent domestic and foreign large system of China's economic system liquidity, safeguard the people's livelihood disturbance, stabilize prices and increasing interest rates and the deposit reserve rate, do a clean and efficient government.