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www.soberlook.com
| | conversableeconomist.blogspot.com
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| | Central banks all over the world took dramatic actions during the Great Recession and its aftermath. For example, the US Federal Reserve too...
| | digbysblog.net
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| | [AI summary] The article discusses the U.S. economy's strong post-pandemic recovery, highlighting its outperformance compared to other major economies and the effectiveness of fiscal policy over monetary policy in economic management.
| | www.clevelandfed.org
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| | The recent global financial crisis left governments in many advanced countries with very heavy debt burdens and their central banks with huge portfolios of government bonds. With many central banks today still facing policy rates that are uncomfortably close to zero, some may follow the example of Japan, which recently added a new long-term interest-rate target to its short-term target to give itself "yield-curve control." The Federal Reserve's foray into similar territory around the Second World War sug...
| | oecd-development-matters.org
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| they are reinforced by global megatrends. International economic asymmetries, arising from economic concentration, global value chains, financial centres, or digital networks are becoming harder to ignore. The pandemic has further narrowed LAC countries' fiscal space, especially for those with high debt levels prior to the crisis, reducing public institutions' capacity to respond to citizens' needs.