Author(s)

Hongyuan Bi, Mingshuo Yu

Corresponding Author

Hongyuan Bi

Abstract

As the global economic crisis and the Ukraine war continue to unfold, U.S. economic policy faces enormous challenges and pressures. It is necessary to propose better measures and programs to meet domestic and international needs. Based on the dynamic evolution of the U.S. economic development and following the internal logic of supply-side structural reforms, a theoretical analysis framework for the impact of U.S. economic policies is constructed. It can explain the U.S. economic growth mechanism jointly generated by the macro-control mechanism involving fiscal policy and monetary policy and the international trade cycle mechanism. And continue to explore the possibility of dealing with the global economic crisis and the Ukraine war from the perspective of historical changing and realistic interpretation of the U.S. economy. American economic policy aims to provide the American people with a standard of living that meets expectations and is committed to continuously improving economic quality and social satisfaction. To this end, it is necessary to achieve high-quality economic development in the United States and promote world peace by strengthening innovation-driven economic transformation, building a mechanism for interaction and coordination between the interests of the United States and other countries in the world to achieve high-quality economic development in the United States, promote world peace and prosperity, and truly meet the common aspirations of human society.

Keywords

U.S. economic policy; Global economic crisis; Ukrainian War; High-quality development