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Macroeconomic Policy Challenges and Choices in a Time of Crises

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  • Allen Sinai

Abstract

Given the enormous risks in the economic outlook, we asked a highly regarded macroeconomist and econometrician to present his view and survey of possible outcomes and also his policy prescriptions. He believes that serious fiscal stimulus is necessary but also finds that the resulting deficits may extract a significant future price. Nothing is certain in this unprecedented and complex environment, but Sinai presents a comprehensive and organized view of how we got here and of potential future events.

Suggested Citation

  • Allen Sinai, 2009. "Macroeconomic Policy Challenges and Choices in a Time of Crises," Challenge, Taylor & Francis Journals, vol. 52(2), pages 5-35.
    • Handle: RePEc:mes:challe:v:52:y:2009:i:2:p:5-35
    DOI: 10.2753/0577-5132520201
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    Cited by:

    1. Habiyaremye, Alexis & Jacobs, Peter & Molewa, Olebogeng & Lekomanyane, Pelontle, 2021. "Macroeconomic stimulus packages and income inequality in developing countries: Lessons from the 2007-9 Great Recession for the Covid-19 crisis in South Africa," MERIT Working Papers 2021-006, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    2. Alexis Habiyaremye & Olebogeng Molewa & Pelontle Lekomanyane, 2022. "Estimating Employment Gains of the Proposed Infrastructure Stimulus Plan in Post-Covid-19 South Africa," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(1), pages 540-567, February.

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