UNIVERSITAS AIRLANGGA



Detail Article

Jurnal Analisis Hubungan Internasional

ISSN 2302-8777

Vol. 2 / No. 2 / Published : 2013-07

Order : 19, and page :355 - 385

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Original Article :

Kebijakan fiskal cina dalam merespon krisis ekonomi amerika serikat 2008

Author :

  1. Wachyudin Imamiy*1
  1. Mahasiswa Fakultas Ilmu Sosial dan Ilmu Politik

Abstract :

United States economic crisis 2008 brought negative effect to world economic and not to be exception, China. Based on that statement, this research argues why China affected by the United States economic crisis 2008 and what fiscal policy that was used to response that crisis as well as the reasons behind it. Globalization, interdependence and free trade approaches will be used in this research to explain the relation between the economy of United States and China, while fiscal theory will be used to explain China’s response toward the crisis. China was affected by United States economic crisis because of the declining of China’s export rate toward United States. In response, China issued a fiscal policy in the form of stimulus which purpose was to promote domestic consumption to create a more stable economic in which domestic consumption and export rate is balanced. Based on the data in this research, it is found that the stimulus was not only intended to promote domestic consumption, but to maintain export rate as well. This research is limited from 2008 until 2010, the effect of United States crisis toward China is seen mainly from trade channel, and China’s response is limited by its fiscal policy.

Keyword :

Economic Crisis, Domestic Consumption, Fiscal Policy, Interdependence, Export Rate,


References :

Afonso, Antonio, and Ricardo M. Sousa,(2009) Export Rate Frankfurt : European Central Bank.

Angelides, Phil et al,(0000) The Financial Crisis Inquiry Report: The Final Report of the National Commission on the cause of the Financial and Economic Crisis in United States New York : Public Affairs





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