Book contents
- Economic Policy in the 21st Century
- Economic Policy in the 21st Century
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Boxes
- Abbreviations
- Introduction
- 1 The Great Recession and the Pandemic
- 2 Stagnation
- 3 Efficiency, Poverty and Inequalities
- 4 Globalisation
- 5 Pulling the Strings of Our Arguments
- Conclusions
- Glossary
- References
- Index
- Author Index
Conclusions
Published online by Cambridge University Press: 27 October 2022
Book contents
- Economic Policy in the 21st Century
- Economic Policy in the 21st Century
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Boxes
- Abbreviations
- Introduction
- 1 The Great Recession and the Pandemic
- 2 Stagnation
- 3 Efficiency, Poverty and Inequalities
- 4 Globalisation
- 5 Pulling the Strings of Our Arguments
- Conclusions
- Glossary
- References
- Index
- Author Index
Summary
To enlarge the number of existing policy instruments, monetary policy has searched for unconventional tools (‘quantitative easing’ and ‘forward guidance’) to add to the usual interventions in the short-term market. Also macro-prudential policies have been devised. Finally, new rules of fiscal policies have been introduced.
- Type
- Chapter
- Information
- Economic Policy in the 21st CenturyThe Four Great Challenges, pp. 193 - 194Publisher: Cambridge University PressPrint publication year: 2022