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China's government economic stimulus package in 2008-09 appears to have worked well. It seems to have been about the … built into subnational fiscal mechanisms in federal countries. Moreover, China's massive fiscal stimulus played an important … particular relevance today for China, as well as other countries, in formulating policy response to another global economic …
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China's government economic stimulus package in 2008-09 appears to have worked well. It seems to have been about the … built into subnational fiscal mechanisms in federal countries. Moreover, China's massive fiscal stimulus played an important … particular relevance today for China, as well as other countries, in formulating policy response to another global economic …
Persistent link: https://www.econbiz.de/10012557104
As the world recovers only slowly from the 2008 financial crisis and Europe is facing a looming debt crisis, concerns have increased that the "new normal"-a period of high unemployment, low returns on investment, high risks, and low growth-may become protracted in advanced economies. If growth...
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