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But, the ADB warns a prolonged recession in the developed countries and the risk of deflation could slow growth.

但是,亚行告诫在这些国家持久的经济衰退和通货紧缩风险会慢慢增长。

Firstly, corruption leads to distortion of income, which leads to deflation by extrusion of output. Secondly, the basic consumption is distorted by distortion of resource, which result in deflation. Thirdly, exit of money because that the wealth of corruptionist can not use their money with fair and square, so corruption also leads to deflation by reduction of money.

也将从另外三个方面直接导致通货紧缩:一是腐败的收入分配产生的"挤出"效应,从而导致通货紧缩;二是腐败的"资源扭曲"造成的资源配置错误或者扭曲,导致通货紧缩;三是腐败分子"偷偷地"在没有通知银行的情况下将货币"退出"流通领域减少货币供应量,从而引发了通货紧缩等。

Finally, this paper proposes some recommendation for the way how to strengthen effectiveness of monetary policy during deflation.

文章的最后,对如何增强通货紧缩下货币政策效力提出对策探讨。

China"s deflation is a kind of "Compound deflation.

3中国目前的通货紧缩是一种"复合型"的通货紧缩。

But instead, the European monetary system imposes a deflationary bias by restricting fiscal space, while Germany has shown persistent recalcitrance toward expansionary policies and exports deflationary pressures.

与之相反,欧洲货币系统通过约束财政空间的方式给经济强加一个通货紧缩倾向,而德国经济总是表现为持续的反抗扩张政策,并输出通货紧缩压力。

Roosevelt believed in reflation rather than further deflation.

罗斯福相信通货再膨胀而不是更进一步的通货紧缩。

This paper,at first,expounds the view of "structure fluidity trap"of our country denizen's curre...

文章首先对当前转型期我国存在的居民货币需求&结构性流动陷阱&形成原因进行分析,其次,依据这个观点对我国近年来出现的通货膨胀和通货紧缩的基本原因和特点进行深入的分析和系统的研究,并就我国未来短期内物价走势进行分析和预测。

Hitherto, because some local governments keep pursuing the increase of GDP, the investment ratio takes up the most part all the same; contrary to that, in terms of the theory, or compare with the real situation of the other counties, the Final consumption expenditure ratio of our country locates the lower level, even in the 1998, our country happened the deflationary trend.

至今,由于一些地方政府片面追求GDP增长的惯性思维,投资率仍然居高不下;与此形成反差的是,无论是以理论为对照,还是以其他国家的实际情况为对照,我国的消费率长期处于偏低的状况,甚至在1998年前后,出现通货紧缩的趋势。

Are there good deflations, bad deflations, or is deflation just a red flag that should make us more cautious?

是否存在好的通货紧缩,坏的通货膨胀,或者,通货紧缩只是一面将使我们更为谨慎的红旗子而已?

Furthermore, the thesis analyzes in depth how deflation influences the related behaviors and conductive processes of the mechanism, studies how deflation influences the whole mechanism, and makes a theoretical and empirical study of deflations influence over the effectiveness of monetary policy. It concludes that deflation makes the mechanism checked and thus weakens the effectiveness of monetary policy.

然后,深入分析通货紧缩对货币政策利率传导机制各利益主体和诸环节的影响,研究了通货紧缩对整个传导机制的影响,并从理论分析和实证分析的角度研究了通货紧缩对货币政策效应的影响,得出了通货紧缩使中国货币政策利率传导机制阻滞从而削弱政策效果的结论。

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