加拿大留学生财政政策相关assignment [7]
论文作者:英语论文论文属性:作业 Assignment登出时间:2014-10-07编辑:yangcheng点击率:8350
论文字数:4337论文编号:org201410031221476179语种:英语 English地区:加拿大价格:免费论文
关键词:紧缩性财政扩张性财政政策理想模型Economics Essay
摘要:本文是一篇加大拿温哥华大学的留学生财政政策assignment,我们将讨论中国政府通过的财政政策作用和类型,以防止他们的经济受到全球金融危机,因为在世界上大多数国家的经济已经受到危害。
tructures, infrastructure, and residential. The main reason for such a speedy development in China is the increase in foreign investment to China due to their cheap labor cost. Therefore, income level of China’s citizen start to increase when there is more job opportunities provided and the modernization city concept bring along a rapid development in infrastructure and residential construction in China.
Significantly we can know that the increase in the construction investment is cause by the increase in the demand for housing or any building. The increase in migration from rural to urban, income level of citizen, foreign investment in China and huge amount of spending by China’s government was expected to increase the demand for housing, business office, and public infrastructure. A higher demand than supply in the market was expected to increase the housing prices and other properties prices in China. An increase the in demand for properties in China will make the demand curve D1 shift to D2, and we expect the supply will not change in short term. Therefore the equilibrium point will move from A to B, and the Price will increase and Quantity also will increase. This situation will cause an increase in price level for properties in China’s and it might cause some problem like inflation. A huge amount of increasing in housing price also will lead to some social problem which the lower income group will not able to buy a house when the housing prices is too high. It will cause a lost balance within high income citizen and low income citizen, so it will create pressures in living and some social problem.
P Graph: Demand and Supply for China Properties Market
S
D 1
A
B
D 2
Q
Commodity Industry
As information, out of the 40% total value of stimulus package launched by China’s was contributed to construction on public facilities and infrastructures development. In a construction project, steel have been taken a significant part no matter in cost or materials used in the building. In this part, we will talk about what are the effects that stimulus package launched bring to commodity industry. Over the past few years, China’s commodity industry was under a rapidly growth trend due to policy of China government to open the China market to the world. The action of the China as a communism country to open their market to worldwide can be proved by China’s joined into WTO in year 2001. The rapid development of China’s economy increase the demand of commodity and it also had changed the commodity industry structure as well.
To have a simple explanation, we decide to use steel as a reference to represent commodity issue that we are talking about. From the above graph, we can see that the after the economic revolution plan of China government in year 1980, the steel products production growth of China showed in a very stable and strong growth rate from year 1980 until now. The production growth achieve maximum in year 2004 and start to reduce and hit the lowest growth rate from year 2007 to year 2008. It proved that the production of the steel products was affected by the global financial crisis during that period, the investment project in China become lesser was the major factor to reduce the demand for steel production thereby it will reduce the steel production as well. However, afte
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