Organisation for Economic Co-operation and Development, (2016), “Using the fiscal levers to escape the low-growth trap”, OECD Economics Department, 24 Νοεμβρίου
In the context where public debt has reached high levels in most OECD countries, it is important to assess the extent of countries’ fiscal space and the temporary deficit increase they can afford to run. A rethink is needed for how the fiscal policy stance should be evaluated, particularly in the context where very low sovereign interest rates provide more fiscal space.
Σχετικές Αναρτήσεις
- Furman, Jason, (2016), “The New View of fiscal policy and its application”, VoxEu, 2 Νοεμβρίου
- Merler, Silvia, (2016), “Should we rethink fiscal policy?”, Bruegel, 24 Οκτωβρίου