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Economy: Policymakers have run out of tools to boost economies.

Authors :
Horwood, Clive
Lee, Peter
Source :
Euromoney; Sep2011, Vol. 41 Issue 509, p46-46, 1p
Publication Year :
2011

Abstract

The article argues that developed world economies are close to running out of tools to support and boost their economies. It sees the little capacity of developed world governments to intervene in the sovereign debt crises given the high annual budget deficits and debt-to-gross domestic product (GDP) burdens. It also points out the low policy rates and quantitative easing implemented by central banks in an attempt to prevent an economic depression.

Details

Language :
English
ISSN :
00142433
Volume :
41
Issue :
509
Database :
Complementary Index
Journal :
Euromoney
Publication Type :
Periodical
Accession number :
67272487