Financing

Which Economic Stimulus Works? by Joseph E. Stiglitz & Hamid Rashid

Submitted by pmassetti on

Project Syndicate (08.06.2020) During the initial shock from COVID-19, it was understandable that governments and central banks would respond with massive injections of liquidity. But now policymakers need to take a step back and consider which forms of stimulus are really needed, and which risk doing more harm than good.

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