Justification and Implementation of Exit Strategies in the Context of the Current Crisis
AbstractThis paper aims at emphasizing the complexity of decisions taken by fiscal and monetary authorities in order to reverse the measures introduced to counter the effects of the current crisis, starting with a theoretical approach and continuing with the analysis of exit strategies on the cases of the USA, euro zone and Japan. The conclusion of this study is that, currently, there is no optimal strategy of withdrawing the intervention measures and less one based on international coordination. Also, effective exit strategies focus on good communication between the factors involved and actions that converge towards sustainable economic growth.
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Bibliographic InfoArticle provided by Danubius University of Galati in its journal Euroeconomica.
Volume (Year): (2012)
Issue (Month): 2(31) (May)
financial turmoil; withdrawal measures; monetary policy; fiscal policy; coordination;
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