Policy response to the global financial crisis theory and practice
By: Nair, Manju S.
Material type:
ArticlePublisher: 2010Description: p.41-51.Subject(s): Economic recession
In:
ISDA JournalSummary: When the world entered into the recent economic recession about a year age, many governments have commented and predicted that it would take several years, at the least to outride this economic recession. However latest reports show that the world is about to emerge out of the current economic recession in record time. The macro economic activities and policies adopted by various governments have emerged successful in preventing countries from a prolonged recession. The policies adopted include monetary policy which regulates the money supply and interest rate and fiscal policy which concerns government spending and taxation. The present paper analyses the macro economic activities undertaken by governments to combat recession during the last one year in the backdrop of theoretical exposition. - Reproduced.
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | Volume no: 20, Issue no: 1 | Available | AR90437 |
When the world entered into the recent economic recession about a year age, many governments have commented and predicted that it would take several years, at the least to outride this economic recession. However latest reports show that the world is about to emerge out of the current economic recession in record time. The macro economic activities and policies adopted by various governments have emerged successful in preventing countries from a prolonged recession. The policies adopted include monetary policy which regulates the money supply and interest rate and fiscal policy which concerns government spending and taxation. The present paper analyses the macro economic activities undertaken by governments to combat recession during the last one year in the backdrop of theoretical exposition. - Reproduced.
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