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Economic Strategies to Manage the Crisis: Austerity or Government Investment Programmes?
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Overview
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Background information10 Topics
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Introduction
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Instruments to respond to economic imbalances: fiscal and monetary policies
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How do the two models suggest responding to economic imbalances with the policy instruments?
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Consequences of each economic policy choice
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The Big Depression and the Keynesian model
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The oil crisis and the end of the Welfare State
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The neoliberal model and the 2008 financial crisis
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The conservative response: austerity
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Counter-cyclical response: what government investment could look like
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Glossary
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Introduction
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Endnotes
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Glossary
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References
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Interactive learningDeepen your knowledge1 Topic|1 Quiz
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Training materialExercises for group activities6 Topics
Lesson 2, Topic 10
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Glossary
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