Fiscal policy in Southeast Asia

Article Abstract:

The Asian financial crisis of 1997 may have been avoided through the implementation of a tighter fiscal policy. By raising taxes or reducing government spending, Southeast Asia could have achieved output-income equilibrium. Market exchange rates lower than the administered fixed rates would reduce the money supply, achieving equilibrium at a less inflated level.

Forecasts and trends, Economic policy, Foreign exchange, Fiscal policy, Southeast Asia

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Can Unemployment Be Reduced without Violating the Inflation Target?

Article Abstract:

The relationship between unemployment and inflation is discussed in relation to Australian monetary policy. Topics include the theory of the range of equilibrium rates of unemployment, loss aversion in wage setting, effects of monetary expansion, and excessive caution in monetary policy.

Statistical Data Included, Analysis, Planning, Inflation (Finance), Unemployment, Monetary policy, Reserve Bank of Australia, Inflation (Economics)

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