Macroeconomic Management When Policy Space is Constrained : A Comprehensive, Consistent and Coordinated Approach to Economic Policy /

The recovery in GDP growth since the global financial crisis has been halting and weak. Concern is widespread that countercyclical policies have run out of space or lack the power to raise growth or deal with the next negative shock. This note argues that room exists for effective policies and that...

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Détails bibliographiques
Auteur principal: Gaspar, Vitor
Autres auteurs: Laxton, Douglas, Obstfeld, Maurice, Sahay, Ratna
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2016.
Collection:Staff Discussion Notes; Staff Discussion Notes ; No. 2016/009
Accès en ligne:Full text available on IMF