Economics, Econometrics and Finance
8 years ago

Global deflation trend to persist, Chinese economy faces structural deflation challenge.

Jingji lilun yu jingji guanli
GLOBAL DEFLATION TENDENCY AND CHINESE STRUCTURAL DEFLATION
San Feng

Paper Summary

Global deflation is expected to persist during economic recessions, leading to prolonged low prices and interest rates worldwide. China has been experiencing mild deflation since 1998, indicating a structural deflation trend in its economy.

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