A Strategy for Renormalizing Fiscal and Monetary Policies in Advanced Economies

Business & Finance, Economics, Money & Monetary Policy, Macroeconomics
Cover of the book A Strategy for Renormalizing Fiscal and Monetary Policies in Advanced Economies by Carlo Mr. Cottarelli, José Vinãls, INTERNATIONAL MONETARY FUND
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Author: Carlo Mr. Cottarelli, José Vinãls ISBN: 9781452797748
Publisher: INTERNATIONAL MONETARY FUND Publication: September 22, 2009
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Carlo Mr. Cottarelli, José Vinãls
ISBN: 9781452797748
Publisher: INTERNATIONAL MONETARY FUND
Publication: September 22, 2009
Imprint: INTERNATIONAL MONETARY FUND
Language: English
In response to the worst economic crisis since the 1930s, government budgets and central banks have provided substantial support for aggregate demand and for the financial sector. In the process, fiscal balances have deteriorated, government liabilities and central bank balance sheets have been expanded, and risks of future losses for the public sector have increased.
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In response to the worst economic crisis since the 1930s, government budgets and central banks have provided substantial support for aggregate demand and for the financial sector. In the process, fiscal balances have deteriorated, government liabilities and central bank balance sheets have been expanded, and risks of future losses for the public sector have increased.

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