February 24th, 2009
FISCAL STIMULUS V/S MONETARY POLICY STIMULUS AND WHY THERE IS ROOM FOR FURTHER RATE CUTS
In an economic down turn that is witnessed worldwide most of the Governments resort to Fiscal Stimulus to kick start the economies. Fiscal stimulus involves, tax rate cuts, Govt spending, etc to kick start economies and induce spending. These stimulus packages have to be timely and target specific sectors for it to become effective; otherwise [...]