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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Detalhes bibliográficos
Autor principal: Gaspar, Vitor
Outros Autores: Laxton, Douglas, Obstfeld, Maurice, Sahay, Ratna
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2016.
Colecção:Staff Discussion Notes; Staff Discussion Notes ; No. 2016/009
Acesso em linha:Full text available on IMF