ABSTRACT

Grasping the right opportunity to launch or end macroeconomic regulation and control is very important. It should be noted that macroeconomic regulation and control used to be measures that targeted at the regulation of aggregate demand. They were mostly applicable to short-term regulation against unemployment and inflation. The most important reason for the lagging-behind is due to the lack of knowledge of economic development trends. When macro decision-making sectors find abnormal signs in economic operations, they should adopt timely fine-tuning measures. The premises for fine-tuning are that sectors should be able to make predictions and establish early alerting mechanisms in order to take preventive measures. Macro decision-making sectors should understand that certain problems will occur in economic operation, such as structural imbalance, production capacity surplus, increasingly limited product supply, insufficient supply of skilled workers, commodity price rises under certain circumstances, even environmental degradation and ecological damages etc.