インフレへの対処法をめぐって

●Barry Naughton, “The Inflation Battle: Juggling Three Swords”（China Leadership Monitor, No. 25, Summer, 2008）

Inflation has once again become a serious problem in China. The government has three potential weapons to fight inflation: tighter monetary and fiscal policy, RMB appreciation, and price controls. Facing enormous economic uncertainty and unprecedented natural disasters, the government has vacillated among these three approaches. There is no immediate prospect of breaking out of this triangular trap.

あとで読む。