How does “time-lag currency” drive economic and social development in China? (Record no. 533083)

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fixed length control field 02147nam a22001457a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 260421b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Yang, Lidan and Cao, Shixiong
245 ## - TITLE STATEMENT
Title How does “time-lag currency” drive economic and social development in China?
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Journal of Social and Economic Development
300 ## - PHYSICAL DESCRIPTION
Extent 27(3), Dec, 2025: p.1081-1094
520 ## - SUMMARY, ETC.
Summary, etc Urbanization and industrial development require huge amounts of financial support, and the capital shortage created by the consumption of funding by economic and social upgrading is ultimately a currency problem. The development experience of various countries has shown that a time lag exists between issuing more of a currency and the onset of inflation, which means that there is a large amount of “time-lag currency” that can be used to promote economic and social development without negative consequences such as inflation. Rational use of this currency can be extremely economically beneficial because it can promote urbanization simultaneously with economic and social development. In this paper, we describe the economic significance of time-lag currency and how to harness it and show how China has successfully used time-lag currency to drive urbanization and modernization through its strategies for issuing and utilizing this currency without triggering high inflation rates. Given the risks of issuing too much currency, it is important to clarify how to effectively take advantage of currency expansion to develop the economy while avoiding potential financial risks. Our results demonstrate the importance of the time-lag currency strategy for economies around the world, since this approach both increases the efficiency of currency utilization and sustains economic development. Time-lag currency therefore represents an important direction for future economic research.-Reproduced

https://link.springer.com/article/10.1007/s40847-025-00420-5
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Currency supply, Time-lag effect, Inflation, Infrastructure construction, Virtuous circle
9 (RLIN) 60169
773 ## - HOST ITEM ENTRY
Main entry heading Journal of Social and Economic Development
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2026-04-21 27(3), Dec, 2025: p.1081-1094 AR138595 2026-04-21 Articles

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