A Strategy for Renormalizing Fiscal and Monetary Policies in Advanced Economies

Author/Editor:

Carlo Cottarelli ; José Vinãls

Publication Date:

September 22, 2009

Electronic Access:

Free Full text (PDF file size is 376 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

In response to the worst economic crisis since the 1930s, government budgets and central banks have provided substantial support for aggregate demand and for the financial sector. In the process, fiscal balances have deteriorated, government liabilities and central bank balance sheets have been expanded, and risks of future losses for the public sector have increased.

Series:

Staff Position Note No. 2009/22

Subject:

English

Publication Date:

September 22, 2009

ISBN/ISSN:

9781455278459/2072-3202

Stock No:

SPNEA2009022

Price:

$10.00 (Academic Rate:$10.00)

Format:

Paper

Pages:

22

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