Said that JP Morgan think it is more important to take a more active fiscal policy to stimulate consumption.
说，JP摩根认为，更重要的是采取更加积极的财政政策，以刺激消费。
What is a pro-active fiscal policy, I understand the proactive fiscal policy mainly consists of three elements.
什么是积极的财政政策，我理解积极的财政政策主要由三个部分组成。
Active Fiscal policy derives from the theory and practice of the West, impacting significantly on the public finance of China.
积极财政政策来源于西方财政理论与实践，这一理论对我国财政理论与实践有着十分重要的影响。
If active fiscal policy aims at promoting economic advance, there should be the corresponding growth of money supply in economic system.
积极财政政策若要有效地促进经济增长，经济系统中必须要有货币供给的相应增加。
At the same time, relative stability of the traditional culture and custom also weakens the effect of the active fiscal policy to some extent.
同时传统文化习惯的相对稳定性也在一定程度上削弱了财政启动经济的作用。
But when skittish Banks and investors are turning away from funding private spending, there is a strong case for a more active fiscal policy to prop up demand.
不过，当脆弱的银行及投资者从私人消费中逃离时，更有理由采用积极的财政手段支撑需求。
This paper also makes analysis on the contribution made to economic growth by increasing infrastructure capital since China implemented pro-active fiscal policy in 1998.
结合中国1998年以来实施积极财政政策增加的基础设施资本对经济增长的贡献进行了实证分析。
Last year, although China's national economy made a favorable turn, it was still not stable enough. Under such circumstance, the pro-active fiscal policy should not be slackened.
去年中国国民经济出现的重要转机还不是非常稳固，在这种情况下，积极的财政政策不能轻言“ 撤火”。
This paper uses time-varying parameter model and panel data model to analyze the effects of the active fiscal policy on total factor productivity of national economy and provincial economy in China.
利用时变参数模型和面板数据模型，可以对积极财政政策的全要素生产率增长效应进行分析。
This paper uses time-varying parameter model and panel data model to analyze the effects of the active fiscal policy on total factor productivity of national economy and provincial economy in China.
利用时变参数模型和面板数据模型，可以对积极财政政策的全要素生产率增长效应进行分析。
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