Cookies?
Library Header Image
LSE Research Online LSE Library Services

Europe is now stuck in a fiscal trap, brought about by the failure of orthodox economics to provide an effective strategy for economic growth

Papadimitriou, Dimitri B. and Hannsgen, Greg (2012) Europe is now stuck in a fiscal trap, brought about by the failure of orthodox economics to provide an effective strategy for economic growth. European Politics and Policy at LSE (07 Dec 2012). Website.

[img]
Preview
PDF
Download (172kB) | Preview

Abstract

The United States has yet to resolve its “fiscal cliff”, its own version of austerity. Dimitri B. Papadimitriou and Greg Hannsgen of the Levy Economics Institute offer an analysis of what they term the “fiscal trap.” They argue many economists and policymakers continue to misunderstand the role of fiscal policy, especially in times of economic turmoil, and have, as a result, failed to offer effective policies to repair the economies of the US and eurozone.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog//
Additional Information: © 2012 The Authors
Divisions: LSE
Subjects: H Social Sciences > HC Economic History and Conditions
J Political Science > JZ International relations
JEL classification: H - Public Economics > H0 - General > H00 - General
H - Public Economics > H6 - National Budget, Deficit, and Debt
Date Deposited: 26 Mar 2013 10:01
Last Modified: 13 Sep 2024 18:15
URI: http://eprints.lse.ac.uk/id/eprint/49431

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics