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The current global economic problems are structural imbalances

The current global economic problems are structural imbalances

The international financial crisis, international politicians and academics have been exploring ways to make the economic recovery as soon as possible

. For a time, in response to the economic instability as Governments of major problems. At the same time, based on the global climate warming spawned environmental topics are constantly rising, humanity society in seeking to reduce the resource consumption of a sustainable growth path. Compared to the Ugg Classic past, now more than ever, people are more concerned about sustainable development issues. Unfortunately, politicians to pay more attention to the real state of the economy, although they also kept a speech that advocates the low-carbon economy, but the electoral politics features determine short-term problems more than long-term problems will get attention. The current global economic problems are structural imbalances, is the result of long term growth. While the short-term responses to economic fluctuations, not only not help solve the problem for a long time, and may deepen the structural imbalance of contradictions. Because of the macroeconomic policy in response to short-term fluctuations and long-term growth is difficult to achieve consistent results, thus focus on long-term growth and ironing in the economic cycle, decision makers need to strike a balance.

An interesting phenomenon is that world leaders stressed that sustainable development was to persuade China to increase consumption. As everyone knows, the short term while stimulating consumption practices can reduce China's dependence on global markets and promote China's imports, thus stimulating economic growth in the world, but to stimulate consumption results will strengthen China's resource consumption, is not conducive to China's economy to real sustainable development. China's economic growth has created a miracle in the miracle in the world have benefited from globalization. Economists agree that relative to the conclusion that globalization promotes Chinese exports, which makes the development of China's export-oriented economy. Further, because China has long twisted the Cardy Boots elements of the pricing mechanism, makes China won the Super export competitiveness, thus expanding the total output level. If we take the challenge of growth in the framework of a long-term view, also found that indeed is the open economy contributed to growth. This opening is the import and export trade, including the introduction of technology and concepts. We know that the long-term economic growth largely depends on capital and labor input. The most representative Roemer endogenous growth model that is not only the capital investment capital, including investment Uggs Boots in human capital. Enterprise technology because it cannot monopolize, making technical progress to promote the "doing" much easier. So, in conditions of globalization, a State carrying out an open door policy, there will be the introduction of foreign advanced technology and systems, in order to get the technical progress of the externality effect, imitation and shortens the time of application, in order to get the grow space.

Admittedly, China's economic growth has benefited from technology, concept and the introduction of the system. However, China's growth also appeared in a number of issues, such as the consumption of resources, insufficient investment in human capital, and so on, which makes China's sustainable development model in the face of challenges. Therefore, in the face of long-term growth, China's real face. Economists almost consensus is that the Chinese should abandon the excessive reliance on investment and export growth, expansion of internal consumption in order to achieve economic growth in transition. Declining investment efficiency, productivity under conditions of Cheap Ugg Boots severe oversupply, inevitable changes in growth mode, but also conducive to long-term stability and growth. But at the same time, the problem is that in order to maintain a certain speed of growth, it is necessary to increase the relative proportion of consumption, and this necessarily and low carbon energy for the concept of sustainable development.

Based on the stable growth of Asian new wave of consumerism, how to achieve compliance with the global trend of environmental protection, and establish a long-term sustainable development path, is certainly worth considering. If the kromme endogenous growth model theory, a country's long-term growth depends on capital and labor inputs, China, and other Asian countries to establish a new growth path of the key is that investment in human capital. If excessive dependence on exports and in kind investment growth, leading to excessive consumption of resources and energy, then, to make a reduction in the consumption of Cheap Ugg Boots resources and achieve growth in the best way is to increase investment in human capital, that is, by promoting technical progress to achieve stable growth. This growth or sustainable, and can gradually reduce wasteful in serious dependence of extensive method, thus avoiding the consumerism and the sustainable development of the conflict.

We see that China has recently launched a series of development of new technologies and new industry of national policy, making technical progress becomes more realistic. Whereas Ugg Boots Sale in the implementation of these policies at the same time, the real estate industry is still occupy parts of the economy, central location, this must be the short-term growth and development of human capital, which could promote individual entrepreneurship, innovation, and facilitate the flow of knowledge and technical conditions cannot be met, thereby impeding the Chinese obtain long-term endogenous growth momentum. Therefore, in my opinion, China must face the consumerism and sustainable growth.

The current global economic problems are structural imbalances

By: louboutin88
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The current global economic problems are structural imbalances