World Economic Outlook by the IMF. Edition of October 2010: Recovery, Risk, and Rebalancing .http://bit.ly/co4FrT. Chapter 3 focuses particularly on fiscal policy. http://bit.ly/9r2fXg
The latest World Economic Outlook – Crisis and Recovery, April 2009 (Chapter 3) – notes that global recessions tend to last longer and be followed by weaker recoveries. It points out that countercyclical policies, especially expansionary fiscal policies, can…
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