Fiscal Stimulus Packages: Recovery from the Global Crisis

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.

16 Pages Posted: 26 Jul 2012 Last revised: 30 Jul 2012

See all articles by Dhiren Jotwani

Dhiren Jotwani

Nirma University

Shivangi Singh

Nirma University - Institute of Management

Kshamanidhi Adabar

Nirma University of Science and Technology

Date Written: January 5, 2012

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.

Keywords: Global crisis, Fiscal Stimulus, Government Policy, Recovery

JEL Classification: E32, E44, E62

Suggested Citation

Jotwani, Dhiren and Singh, Shivangi and Adabar, Kshamanidhi, Fiscal Stimulus Packages: Recovery from the Global Crisis (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., Available at SSRN: https://ssrn.com/abstract=2117822

Dhiren Jotwani

Nirma University ( email )

Sarkhej-Gandhinagar Highway
Gota
Ahmedabad, Gujarat 382 481
India

Shivangi Singh (Contact Author)

Nirma University - Institute of Management ( email )

Sarkhej-Gandhinagar Highway
Via Gota
Ahmedabad, Gujarat 382481
India

Kshamanidhi Adabar

Nirma University of Science and Technology ( email )

Sarkhej Gandhinagar Road
Ahmedabad, Gujarat
India

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