A Review on Monetary Measurements Taken Under the Circumstance of COVID-19 Compared Between China and the United States

DOI

10.2991/aebmr.k.220307.232How to use a DOI?

Keywords

Monetary measurements; COVID-19; China; United States

Abstract

The global spread of COVID-19 has triggered turbulence in international financial markets and severe economic recession. China and the US have adopted large-scale rescue and stimulus policies in light of their respective epidemic prevention and control situations and the economic and financial environment. This paper analyzes the similarities and differences between monetary policies introduced in China and the United States during the pandemic. On the whole, the two economies have come out of the trough of the epidemic and are back on the road of recovery. However, given the differences in the process of economic recovery and the needs for economic and social recovery and development, it is expected that the paths of macroeconomic policies and the prospects for the exit of the easing policies will show a relatively distinct trend in the future.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Jiahe Guo
PY  - 2022
DA  - 2022/03/26
TI  - A Review on Monetary Measurements Taken Under the Circumstance of COVID-19 Compared Between China and the United States
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1418
EP  - 1423
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.232
DO  - 10.2991/aebmr.k.220307.232
ID  - Guo2022
ER  -