Hidden Bibliographic Details
Other authors / contributors: | Laxton, Douglas.
International Monetary Fund. Research Department.
International Monetary Fund.
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ISBN: | 1451957130 9781451957136 1462316875 9781462316878
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Notes: | Title from PDF title page (IMF Web site, viewed Apr. 6, 2012). "Prepared by the Research Department"--Page 1 of pdf. "January 28, 2009." Includes bibliographical references.
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Summary: | The worldwide financial crisis, falling asset values, and an associated collapse in business and consumer confidence, have once again raised the specter of deflation. Governments and central banks have responded to the problems of financial institutions by introducing measures to deal with both liquidity and solvency problems. At the same time, central banks have cut their policy rates to counter the increased credit risk premiums and many governments are implementing fiscal stimulus to support aggregate demand.
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Other form: | Print Version: 9781451957136
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Standard no.: | 10.5089/9781451957136.004 9781451957136
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