Nouriel Roubini, (2019), «The Allure and Limits of Monetized Fiscal Deficits», Project Syndicate, 28 October
With the global economy experiencing a synchronized slowdown, any number of tail risks could bring on an outright recession. When that happens, policymakers will almost certainly pursue some form of central-bank-financed stimulus, regardless of whether the situation calls for it.
Related Posts
- IMFBlog, (2019), «The World Economy: Synchronized Slowdown, Precarious Outlook», 15 October
- Voxeu, (2019), «Right here, right now: The quest for a more balanced policy mix», , 18 October