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Does consumer sentiment predict consumer spending in Malaysia
Does consumer sentiment predict consumer spending in Malaysia

... that are more broadly consistent with theories of investor sentiment and are better predictors of market returns. This is probably because consumer sentiment may react in a complex manner to unusual economic events, either more strongly or less than expected and may differ from investors’ sentiment ...
The Challenge of Restoring Debt Sustainability in a Deep Economic Recession: The case of Greece
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... “hysteresis” – even a small shadow cast on future potential output by the cyclical downturn – means, by simple arithmetic, that expansionary fiscal policy is likely to be self-financing. ...
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... As already mentioned, the Rehn-Meidner view of economic policy in a recession is ambiguous. A restrictive fiscal policy over the business cycle does not exclude a countercyclical fiscal policy or even an underbalanced public budget in a period of low economic activity. The LO report contains no rese ...
The Impact of the Global Financial Crisis on the Least Developed
The Impact of the Global Financial Crisis on the Least Developed

... • A lower impact of the global financial crisis on LDCs as a group.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 • Higher synchronization between country groups.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ...
Iceland as Norm Entrepreneur
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... “I hold a firm belief. We will not change our ways unless we change the way we measure our economic performance.” Nicolas Sarkozy ...
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THÈSE Four Essays on Fiscal Policy after the Global Financial Crisis

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IEW Working Paper #91

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... performance of any Pioneer product. Indices are unmanaged and their returns assume reinvestment of dividends and, unlike investment products returns, do not reflect any fees or expenses. It is not possible to invest directly in an index. Source: DataStream. Last data point: April 30, 2008 There is n ...
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Recession

In economics, a recession is a business cycle contraction. It is a general slowdown in economic activity. Macroeconomic indicators such as GDP (gross domestic product), investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock or the bursting of an economic bubble. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
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