The "Paulson Plan" and its implications

The "Paulson Plan" and its implications

The US government's plan to inject US$ 700 billion into the finacial sector may have improved sentiment among investors and monitoring authorities in Wall Street. However, the "Paulson Plan" will likely provide only short-term benefits without solving the crisis' root causes. It...

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Bibliographic Details
Main Author: Woo, Raymond Weng Pong
Other Authors: S. Rajaratnam School of International Studies
Format: Commentary
Language:English
Published: 2009
Subjects:
DRNTU::Social sciences::Economic development::United States
Online Access:https://hdl.handle.net/10356/92098
http://hdl.handle.net/10220/4539
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Institution: Nanyang Technological University
Language: English
Description
Summary:The US government's plan to inject US$ 700 billion into the finacial sector may have improved sentiment among investors and monitoring authorities in Wall Street. However, the "Paulson Plan" will likely provide only short-term benefits without solving the crisis' root causes. It might even create long-term damage to the US' economic and strategic position.

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