Did Fiscal Stimulus Lift Developing Asia Out of the Global Crisis? An Empirical Investigation

The substantial slowdown of economic growth since the global financial crisis of 2008-2009 is rekindling debate on whether developing Asia should use fiscal expansion to boost aggregate demand. A key factor in the debate is the effectiveness of countercyclical fiscal policy in the region. The global...

Full description

Bibliographic Details
Main Authors: Seok-Kyun Hur, Donghyun Park
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2018-03-01
Series:East Asian Economic Review
Subjects:
Online Access:http://dx.doi.org/10.11644/KIEP.EAER.2018.22.1.338