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This article discusses the importance of ideology, institutions, politics, and economic knowledge for forecasting economic policies and their impact on macroeconomic developments. Following a general discussion of those factors, the article illustrates their forecasting usefulness by drawing on...
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This review of UK economic policy responses to the Covid-19 crisis identifies serious problems with existing measures. We describe alternative policies which could alleviate hardship, protect business from destruction in the growing depression, facilitate recovery with full employment in a Green...
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This paper investigates the commonly held belief that government spending is normally financed through a combination of … bond sales are technically incapable of financing government spending and that modern governments actually finance all of … their spending through the direct creation of high-powered money. The analysis carries significant implications for fiscal …
Persistent link: https://www.econbiz.de/10014216983
Opportunities for growth and investment in Central America could well improve in the coming years, as the region's ties with the world economy grow closer. This integration, however, also presents important challenges for economic policy to ensure that growth can be sustained and can benefit the...
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