Tighten or Stimulate? British v. American Economics
In the ongoing American and British debates on the financial crisis and the best ways to bring the economy out of the woods, two opposite views repeatedly collide – the one represented by those who prioritize deficit reduction, the other by those who argue for recapitalizing the economy. The case of the United Kingdom shows that drastic cuts – if not supported by stimulus packages – instead of tackling the debt may actually inflate it. The American policy record on the other hand, proves that even substantial stimulus packages do not always lead to economic [u][b]revival[/b][/u]. It’s not enough to throw some extra money into the pool – equally important is [u][b]what[/b][/u] these resources actually fund and [u][b]whether[/b][/u] they are accompanied by structural reforms.
Continue reading
Contribuye a esta web
Compañerismo y puro altruismo para mantener los costes de mantenimiento y operación de este sitio web.
EUR
Buscar
-
Entradas recientes
Noticias ICEX-
-