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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Gaspar, Vitor
Altri autori: Laxton, Douglas, Obstfeld, Maurice, Sahay, Ratna
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2016.
Serie:Staff Discussion Notes; Staff Discussion Notes ; No. 2016/009
Accesso online:Full text available on IMF