Fiscal Policy for the Crisis

Author: International Monetary Fund

The current crisis calls for two main sets of policy measures.

Volume/Issue: Volume 2008 Issue 075

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Economics- Macroeconomics , Public Finance , PP , financial crisis , crisis , firm , government , policy , macroeconomic crisis , government balance sheet , cost of capital , transfer policy , policy package , Fiscal stimulus , Financial sector , Fiscal sustainability , Global

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Summary

The current crisis calls for two main sets of policy measures. First, measures to repair the financial system. Second, measures to increase demand and restore confidence. While some of these measures overlap, the focus of this note is on the second set of policies, and more specifically, given the limited room for monetary policy, on fiscal policy.