Brief notes on the macroeconomic arrangement for coping with the COVID-19 crisis in China

Authors

DOI:

https://doi.org/10.5007/2177-5230.2020v35n77p603

Abstract

This paper presents the main macroeconomic policy measures adopted by China in response to the economic crisis caused by the COVID-19 pandemic. The main argument of the paper is that it is not possible to understand the process of combating the pandemic and the measures for the recovery of the Chinese economy, without considering the institutional framework of State action and the conduct of macroeconomic policy. We conclude that the Chinese government's strategic performance presents good results in the recovery of economic activity, but it also paves the way for a favorable long-term development path.

Author Biography

Gilberto Libânio, CEDEPLAR / UFMG

Professor Associado do Departamento de Ciências Econômicas e do Programa de Pós Graduação em Economia do CEDEPLAR / UFMG.

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Published

2020-12-07