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Fiscal Stimulus Packages: Recovery from the Global CrisisDhiren JotwaniNirma University of Science and Technology Shivangi SinghNirma University - Institute of Management Kshamanidhi AdabarNirma University of Science and Technology January 5, 2012 Global Recession to Global Recovery; Macro and Micro Dynamics of Trade, Finance and Investment, Eds. Pawan K. Chugan and Sameer S. Pingle, Excel India Publishers, New Delhi, pp.276-291. Abstract: The recent Financial Crisis reminded us once again about the vulnerability of the global economy. Economists were forced to think about the effectiveness of their policies. During this period, many governments across the world had adopted fiscal measures to boost their local economies. The path to recovery from a crisis of such magnitude is indeed long and painful. The effectiveness of fiscal and monetary measures is a matter of debate among economists. This paper discusses the fiscal measures adopted by countries across the world, and analyzes their impact.
Number of Pages in PDF File: 16 Keywords: Global crisis, Fiscal Stimulus, Government Policy, Recovery JEL Classification: E32, E44, E62 Accepted Paper SeriesDate posted: July 26, 2012 ; Last revised: July 30, 2012Suggested CitationContact Information
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