Combating deflation

Article Abstract:

The main cause of global deflationary pressure is insufficient aggregate demand. The measures to combat deflation reveal that government has to raise aggregate demand by implementing expansionary monetary and fiscal policy, altering inflation targets and by changing deflationary expectations. Deflation can also be avoided by reducing the nominal rate of interest.

Author: Grant, Susan
Publisher: Longman Group Ltd. (UK)
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 2003
Public Finance Activities, Fiscal Policy, Causes of, Influence, Economic surveys, Deflation (Finance), Deflation (Economics)

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Section 1: government economic policy: inflation targeting

Article Abstract:

The popularity of inflation targeting and the key decisions that have to be made in deciding on the target are discussed. A comparison is made between the UK's and eurozone's target.

Author: Grant, Susan
Publisher: Longman Group Ltd. (UK)
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 2003
Management dynamics, Management, Inflation (Finance), Company business management, Inflation (Economics)

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Macroeconomic policy objectives

Article Abstract:

Full employment, price stability, economic growth and balance of payments equilibrium are the macroeconomic policy objectives of government that are examined.

Author: Grant, Susan
Publisher: Longman Group Ltd. (UK)
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 2004
Economic Programs, Administration of Economic Programs, Analysis

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Subjects list: United Kingdom, Economic policy
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