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Quantitative easing does not address the fundamental problems underpinning struggling western economies

Doukas, John (2013) Quantitative easing does not address the fundamental problems underpinning struggling western economies. LSE European Politics and Policy (EUROPP) Blog (04 Mar 2013). Blog Entry.

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Abstract

Quantitative easing has been adopted by a number of central banks in the wake of the global financial crisis. John Doukas takes an in-depth look at the effects of quantitative easing, arguing that it not only fails to increase real economic activity, it also increases unemployment and encourages outsourcing to developing countries that offer higher rates of return. He concludes that economic growth and job creation should be the priority of western governments and not of central banks.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2013 The Author; Online
Divisions: LSE
Subjects: H Social Sciences > HG Finance
J Political Science > JN Political institutions (Europe)
Sets: Collections > LSE European Politics and Policy (EUROPP) Blog
Date Deposited: 10 May 2013 08:29
Last Modified: 26 Aug 2019 23:18
URI: http://eprints.lse.ac.uk/id/eprint/50179

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