An Evaluation of Some Basic Views of China's Macroeconomic Studies

Since we participants in this symposium have different academic backgrounds, it is natural that we hold different views on the basic theory and methodology of China's macroeconomic studies. >i>Jingji yanjiu>/i> has successively carried three monographs: "Again Discussing Preserving a Relaxed Environment for Economic Reform" by Comrade Wu Jinglian (May 1985), "Some Divergencies in Theory in the Debate on Macroeconomics" by Comrade Song Guoqing and others (April 1987), and "On the Limitations of the Analysis and Policy of the Gross Amount in China's Economic Theory and Practice" by Comrade Deng Yingtao and others (June 1987). In my opinion, whether critical or appreciative of these monographs, no one should deny their academic value or the fact that they represent the highest level of the theoretical studies in China's macroeconomics in recent years. This symposium organized by the Editorial Board of >i>Jingji yanjiu>/i> for a full exchange and discussion of these expert views will greatly help promote further progress in the theoretical studies in China's macroeconomics.