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Chapter 3: From Fiscal Rescue to Global Debt

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  • Giancarlo Corsetti
  • Michael P. Devereux
  • Luigi Guiso
  • John Hassler
  • Gilles Saint-Paul
  • Hans-Werner Sinn
  • Jan-Egbert Sturm
  • Xavier Vives

Abstract

A broad consensus seemed to have been reached since the onset of the financial and economic crisis that governments needed to undertake collective action to provide a fiscal stimulus to prevent a deep and longlasting recession.

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Bibliographic Info

Article provided by CESifo Group Munich in its journal EEAG Report on the European Economy.

Volume (Year): (2010)
Issue (Month): (02)
Pages: 71-100

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Handle: RePEc:ces:eeagre:v::y:2010:i::p:71-100

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