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Other Papers on :Interest rates and Monetary Policy

Other Papers on :Fiscal Policy, Budget Deficits and Government Debt

E/E/34. Role of fiscal and monetary policies in economic growth

(2006, 2000 words)

The paper examines the role of fiscal policy (FP) and monetary policy (MP) in sustaining the country’s economic growth analysing short run and medium run operations of FP and MP. Financial and economic literature is reviewed touching on the issues of unemployment levels, price levels, Japanese economic policies, and UK economic policies including wage policy, pensions policy, etc.
 
   
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