Abstract
The novel coronavirus pneumonia has swept the world, causing many places to stop work and production. As a serious external factor, it has always attracted the attention of various countries. How to stabilize the public financial system during the epidemic has been widely studied by various countries. In today's economic globalization, the economies of all countries have begun to be closely linked. If a country's economy is turbulent, it will inevitably lead to the spread of risks, which will affect the public financial system of countries with close economic ties. The novel coronavirus pneumonia is two-sided. While causing national economic turmoil, the world is affected by the epidemic due to the particularity of external factors. So, how to maintain the stability of the public financial system during the epidemic is a simple look, we need to face at least two difficult problems: 1. How to ensure the stability of the public financial system under the influence of the epidemic? 2. How to ensure the stability of their own public financial systems when countries are in economic turmoil? This is not a simple addition, but a more complex interaction. Not to mention, there are still many small problems. For example, the economic development of many countries in the world has been severely impacted, the foreign trade of various countries is facing changes, and the epidemic has led to government overruns, past additional expenditures and other impacts. This may seem like an unsolvable conundrum, but China has an answer worth learning from. Although the experience cannot be completely replicated, in my opinion, it will be easier to come up with a solution suitable for each country by using the experience to solve the problem. A study of the impact of the coronavirus epidemic on China's public financial system led to the following conclusions: use an active fiscal and monetary policy to promote economic development; optimize the structure of an active fiscal policy and ensure sustainable economic growth; introduce preferential policies for hard-hit industries; optimize the import and export environment; promote the development of international cooperation.
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