Rationale and wisdom of using “expansionary” austerity policies during the Great Recession: Fiscal Austerity and the Great Recession

Rationale and wisdom of using “expansionary” austerity policies during the Great Recession: Fiscal Austerity and the Great Recession 150 150 Affordable Capstone Projects Written from Scratch

Write a short academic paper on the rationale and wisdom of using “expansionary” austerity policies during the Great Recession. You may select a case study (e.g., a particular country or group of countries) to focus your essay. Your essay must have a clear thesis and include a brief introduction and conclusion. Your paper must be about 4000 words (+/- 5%) in length (about 15 double-space pages, without counting the bibliography) and make reference to at least eight academic works published on the topic.Course Name: Competing Views in Macroeconomic Theory and Policy
Term Paper Topic: “Fiscal Austerity and the Great Recession”
Almost all governments of the developed world have implemented expansionary monetary policy of some sort to counteract the effects of the Great Recession. Some of these governments have complemented easy money policy with expansionary fiscal policy of different degrees (e.g., the U.S., Canada and Japan) while others have favored a combination of less aggressive monetary expansion with fiscal austerity measures (e.g., the U.K. and the
Eurozone countries).


 

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