Who is at risk from premature austerity? | The Economist

Who is at risk from premature austerity?

Some countries are tightening too far, too soon

THE BUDGET deficits of the world's governments will add up to about 8.5% of global GDP this year, according to new projections by the IMF. That amounts to well over $7trn of additional red ink. Remarkably, it may not be enough.

Many economists of a Keynesian bent are haunted by the aftermath of the global financial crisis, when recovery was enfeebled by a premature turn to fiscal caution.

Live News Feed

News Feed featuring the top articles in the finance world from global publications such as Financial Times and the Economist.

Click here to view

Powered by © Neon Accelerator

From the Web

Tesla. Apple and Amazon Headline a Heavy Earnings Week

June 23, 2021 | From the web

More than a third of the S&P 500 are expected to report their quarterly results in the coming week. as companies detail how the reopening world is affecting their businesses.

Read More >

Shell Norco. Louisiana. hydrocracker partially shut to repair leak -sources

April 26, 2021 | From the web

Shell Norco. Louisiana. hydrocracker partially shut to repair leak -sources | Financial News

Read More >

LIVE MARKETS-Inflation chatter on front burner this earnings season

April 26, 2021 | From the web

LIVE MARKETS-Inflation chatter on front burner this earnings season | Financial News

Read More >

UK earnings. trading statements calendar – next 7 days

April 26, 2021 | From the web

UK earnings. trading statements calendar – next 7 days | Financial News

Read More >
Go to Top