The role of monetary and fiscal policies in handling the global financial crisis : effects and defects.

• Main Authors: Lum, Wan Teng., Turakhia Aditya.
• Other Authors: Sng Hui Ying
• Format: Final Year Project
• Language: English
• Published: 2010
• Subjects: DRNTU::Social sciences::Economic theory::Macroeconomics
• Online Access: http://hdl.handle.net/10356/42383
• Institution: Nanyang Technological University

The boom of the world economy during 1990-2007 made economists envisage that recessions are a phenomenon of the past, and through careful study and understanding of world economies, setbacks in the business cycle can be combated (Krugman, P., 2009). However the Global Financial Crisis (GFC) showe...