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/deflation, labor/population, technology, deficit, politics, and spirituality. Economic policies are independent of growth rates and … in the national accounts; just before or after redistribution of taxes. The 2nd everlastingly proves a fact-finding that …
Persistent link: https://www.econbiz.de/10010940785
solve the current unsolved economic problems by "learning by doing". Inflation/deflation, assets-bubbles, unemployment … before redistribution of taxes in the SNA). The rate of return maximized with net investment minimized is most modest when … deficit is zero, whose base was earlier mathematically proved by Samuelson (1937, 40-42). …
Persistent link: https://www.econbiz.de/10010927749
This paper discusses Romania’s Request for a Stand-By Arrangement (SBA). Since the 2008 global financial crisis, Romania has made significant progress in reducing macroeconomic imbalances and rebuilding fiscal and financial buffers. However, Romania remains vulnerable to external shocks,...
Persistent link: https://www.econbiz.de/10011245005
reduce interest rates to stimulate the economy and generate revenues. It was imperative that the deficit be eliminated. Tax … argues that the elimination of the deficit has reduced risk premia and allowed the Bank of Canada to bring interest rates …
Persistent link: https://www.econbiz.de/10005157589
Financial crises are historically associated with the “4 deadly D’s”: Sharp economic downturns follow banking crises; with government revenues dragged down, fiscal deficits worsen; deficits lead to debt; as debt piles up rating downgrades follow. For the most fortunate countries, the...
Persistent link: https://www.econbiz.de/10005260146
fiscal stimulus to combat the Great Recession versus fiscal austerity or “adjustment” – that is, higher taxes and/or lower …
Persistent link: https://www.econbiz.de/10008671782
In this chapter, Jim Stanford agrees that measures were needed to eliminate the deficit. But he argues that Paul Martin … still yielded almost the same deficit by 1999 (although slightly higher debt levels) as the program-cutting path actually …
Persistent link: https://www.econbiz.de/10005518912
The Great Recession has left tens of millions of families facing unemployment, underemployment and the threat of losing … their home. However,concerns over the deficit threaten to derail efforts to turn around the economy and spur employment …. This report attempts to correct many of the misperceptions about the deficit that have brought the issue to the center of …
Persistent link: https://www.econbiz.de/10008563396
Persistent link: https://www.econbiz.de/10014366647
Persistent link: https://www.econbiz.de/10011392035