Academic Papers on Economics (English) Part I
Likonomics
? Likonomics？ This word is used to describe the economic policy of China's Prime Minister Li Keqiang. It was created by three economists of Barclays Capital on June 27th. Such as Thatcherism, Reagan Economics, and more recently? Abenomics? "Economic Economics" has become a fashionable word to describe the meaning of China's new economic plan. What is it? Economists at Barclays Capital also gave us an explanation. Likonomics？ Is a series of measures taken by the State Council. These measures were adopted to ensure the sustainability of China's economy. ? It can be summarized as "Likonomics", which consists of three key pillars: non-stimulus, deleveraging and structural reform. "This means that China needs to open its market and stop the government's control of the market. This new policy is a long-term goal, so the quarterly economic growth rate of China will be reduced by at least 4% in the next three years.
? Since taking office in mid-March, China Prime Minister Li Keqiang has taken a different policy line. Its key economic policy framework can be summarized as "Likonomics", which consists of three key pillars: non-stimulus, deleveraging and structural reform. ? (China Daily 07/05/20 13, page 9). In the news, we know three solutions. No excitement? , ? De-leveraging? And then what? Structural reform? . That? Stimulation? It means that in the short term, the government will stimulate the economy by increasing debts or expanding the money supply, but at the same time, inflation will follow, so the first way is to reduce inflation in China. The second solution is. De-leveraging? What does this solution mean? Repay? Pay back the money borrowed before the economic crisis, and at the same time, the prices of most assets, such as stocks, bonds and real estate, will be reduced, and the country's economy will also be reduced. The last solution is. Structural reform? Everyone knows that the government can't control the market because it can't get all the information for the government, but this is only half the reason for this solution, and the other part is? Corruption? In China's government system, powerful officials can control the economy. So Premier Li Keqiang built it? Free trade zone? In Shanghai, no one can control the economy in this area, which means that everything that happens in this area is self-regulation of the market.
In fact? No excitement? , ? De-leveraging? And then what? Structural reform? They are all professionals, so I'll explain them in my own words. Likonomics？ . I have four steps. Just the first step? Fight? Inflation has nothing to do with China's economic growth rate. Now the spread between banks in China has increased from 2% to 30%. It is effective to prevent banks from making venture capital, because when the spread increases, banks have to keep it. Liquidity? In their own hands, they don't have enough ability to pay extremely high interest rates, so that the total amount of money in the market will decrease. But in the meantime, what about China? Total social financing? Reduced by 43%. The second step is to reduce taxes, as shown in the figure. Now the tariff price in China stands at point A. If the government reduces the tax price, the total tax revenue will increase. The third step is to liberalize the price of coal, because coal is the most important resource in China. People use coal for power generation, heating and other things. However, there are 88 taxes on coal, and the government does not agree to trade with other countries. Therefore, if the government stops controlling the price of coal, the price will drop, and the burden on enterprises will also drop accordingly. The fourth and final step is to talk about.
Government control. We all know that if the government controls the market, the efficiency of the market will decline, because the government can't get all the information in the market. So ... Free trade zone? Born in Shanghai, the government can't control this area, and other big enterprises can't interfere. This is a 100% free market. In this way, Premier Li broke China's bureaucracy.
At present, China is the fastest developing country in the world, and stagflation is coming. Therefore, Premier Li stopped the growth of inflation in China at a very difficult cost. We don't know what will happen in 10 years or even 20 years. China, on the top of the world, every action of China will affect the international economy.
All the information comes from that website: Likonomics.
Academic Papers on Economics (English) Part II
I live in an area with five communities. They are a large community Prince Valley, two medium-sized communities Shanshuiqing and Nord International, and two small communities Shanhaicui Road and Lei. 0755. Number of residents: 2,500.
Number of supermarkets: Before 2009, there was a China Resources for us to buy what we needed, but after the transfer of property rights, it moved away. Before 20 10, there were no regular large supermarkets. Supermarkets are geographically far away from this area, but they have some buses to transport customers, but there are only some shops and a large farmer's market where I live. By the end of 20 10, Easy Life opened and Baijia opened at the beginning of 20 1 1. Are they open to residents? Daily necessities demand. On March 20 1 1 year, Easy Life went out of business, but Baiji? Business in America is booming. This paper will mainly discuss the reasons for the closure of Easy Life and the choice of consumers.
1. What determines their fate?
1. From the market supply and demand, it can be seen that when Easy Life and Baijia coexist, supply exceeds demand.
When market supply exceeds demand, it is consumers' preference that determines their fate.
First of all, from the shopping environment, consumers prefer to buy Baijia because it has a comfortable shopping environment. In this regard, Baijia has done better than Easy Life, such as: the ground is very clean, there is nothing like residual vegetables or other things in the shopping cart, the shelves are very neat and clean, and the indoor air is very good. In addition, judging from the products on display, although the products of the two supermarkets are familiar with both varieties and brands, Baijia is doing better than Easy Life. Obviously, what are the main problems of Easy Life? What is the commodity classification? Test science, there is a lot of unused space on the bookshelf, and so on. In addition to some factors that attract consumers, such as lighting, warm lighting can make fruits and vegetables look very fresh, but also make consumers feel very comfortable, which can also stimulate consumers to buy something, so consumers are willing to spend more time buying goods. But choosing cool light will make fruits and vegetables look stale, and the color will look wrong. The most important thing is that cool light may make consumers feel uncomfortable. Don't consumers know? T want to stay in the supermarket any more, it will definitely reduce consumers? More consumption. At this point, a hundred schools of thought will do better than Easy Life.
The above is engaged in? However, when we treat a comfortable life with economic theory, what can't we do with closed logical thinking? I don't understand. Because Yi lives on the roadside, there is a large community, a medium-sized community and a small community. Judging from the convenience of shopping, people actually prefer to live an easy life because it doesn't need to cross the road. Moreover, the cashier who is easy to live is more efficient than Bai Jia and Bill. This reduces unnecessary waiting time for customers. The most important advantage of Easy Life is that the same commodity price is cheaper than the best commodity. So why don't these advantages, which are related to the immediate interests of consumers, make life easier? Is business booming? Instead of "taking advantage", it is blatant. Why let the White House go? Is business booming? Personally, I think this is the result of irrational behavior of consumers! Among the three hypotheses in economics, the most controversial one is the rational man hypothesis.
Did you get a look at him? Academic Papers on Economics (English)? People still see:
1. Economic News Academic Papers
2. Comparison of English and Chinese economic words
3. Model essay on economics academic papers
4. English translation of academic papers
5. English academic paper model essay