The economic crisis: How to stimulate economies without increasing public debt

Richard Wood, 31 August 2012

Quantitative easing and austerity have done little to stop the EZ's periphery economies sliding towards depression. Policy Insight No. 62 argues that new money creation can finance deficits without increasing public debt.

Download CEPR Policy Insight No. 32 here.

URL: http://www.cepr.org/pubs/PolicyInsights/CEPR_Policy_Insight_062.asp
Topics: Macroeconomic policy
Tags: global crisis, public debt, quantiative easing

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Source: http://www.voxeu.org/epubs/cepr-reports/economic-crisis-how-stimulate-economies-without-increasing-public-debt

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