Incomplete crisis responses : Socio-economic costs and policy implications

Abstract

This article examines the perverse effects of incomplete crisis responses. Initial emphasis on the role of government – through coordinated fiscal measures to stimulate the economy, cushion job losses and support vulnerable groups – was effective in averting another Great Depression, despite widening public deficits. However, a policy mistake was made by… (More)

3 Figures and Tables

Topics

  • Presentations referencing similar topics