Crises of governments

By Barro, Robert J.

Subjects: Global Financial Crisis, 2008-2009, Global Financial Crisis (2008-2009) fast (OCoLC)fst01755654

Description: In this short book, Robert Barro, one of the world's leading economists, examines the causes and consequences of the financial crash. In particular, he looks at the effects of fiscal stimulus packages and suggests that, whilst they may lead to an immediate positive impact on growth, the effect will quickly wear off and the effect of the so-called stimulus packages will then be negative.