In order to counter the trend, the government and Federal Reserve could use fiscal and monetary policies to intervene the economy. ... The capital account can complicate the monetary policy designed by the federal to reduce money supply in the market. When Fed sells treasure bills in the market, it might attract foreign investment and affect the efficiency of the monetary policy. ... However, when the economy approaches the inflationary window, the government and Federal Reserve should get involved and adopt fiscal and monetary policies to prevent the economy from getting inflated. ... Less t...

• Word Count: 1364
• Approx Pages: 5
• Grade Level: Undergraduate

Monetary policy is based on two tools. ... The third and the best solution how to increase a living standard of Slovaks is to use a fiscal policy. Fiscal policy is done by government and it is based on two factors. ... Fiscal policy is one of the most using policies in the democratic countries in the world. The basis of fiscal policy was given by J. ...

• Word Count: 1457
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• Grade Level: High School

Spain's diverse capitalist economy will be faced with difficult challenges in the next few years with monetary and other economic policies, and will need a stable government to become more competitive with an already ahead Europe economy. ... This sector utilized standard technology and based its competitiveness on its cheap labor and its capital on a cheap money monetary system. ... It was a moderately restrictive monetary policy, and an income policy with a commitment to begin structural reform. ... Since then, and in all regard to need, monetary and fiscal policy has been provided. To ...

• Word Count: 2349
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• Grade Level: Undergraduate

This is the reason why people were so content with their laissez faire economic policy. ... The majority of Keynesians now believe that monetary and fiscal policies affect the economy; however, this used to not be widely accepted by all Keynesians. The next tenet of Keynesian economics is that changes in demand have their greatest short run effect on real GDP and employment but not prices9 .An example of this is a monetary policy that increases employment and output with the price index staying the same. ... Meanwhile, during the 1990s boom, Keynesian economics faded away from national fiscal...

• Word Count: 1814
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• Grade Level: Undergraduate

The empirical framework for explaining the economic performance of any country is to examine the relative contribution of Capital, Labor and total factor productivity, controlling variables such as initial resource endowments, public policies, political and social stability, institutional capacity, and external environment. ... Now the fiscal, monetary, and trade policies have been started to work ithout tion of politicians, bureaucrats, and military rulers, and statutory orders that effect almost every single aspect of running a business. ... Given the fiscal mismanagement, mounting e...

• Word Count: 2277
• Approx Pages: 9
• Grade Level: Undergraduate

Hong Kong Government's fiscal policy had been conservative and had accumulated huge surpluses prior to 1997. ... Also, Exchange Fund papers, which were intended as a substitute for treasury bonds, form Hong Kong's monetary base and are monetary aggregates in nature, and were mostly held by financial institutions for their liquidity management. Such yields indicated prevailing monetary conditions more than commercial borrowing rates. ... Even with the emergence of huge fiscal deficit these years, the government is inclined to tap the fiscal reserve and to set goals in achieving budget...

• Word Count: 1396
• Approx Pages: 6
• Grade Level: Undergraduate

The real was allowed to float between a monetary band, with the Central bank using exchange reserves to buy or sell reals as needed to keep the price stable. ... INTERNATIONAL CRISIS" It can be argued that the pressure Cardoso was feeling, came directly from the Asian and Russian monetary crisis" of 1997 and 1998. ... Asian countries such as Thailand, Indonesia, and South Korea sought international help from the International Monetary Fund. ... Despite Cardoso's initial success with the Real Plan, Brazil's fiscal deficit continued to be very large. To combat this Brazil turned ...

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Now let's move on to the Policy of opening which has permitted China's development. 2. THE POLICY OF OPENING SINCE 1978 Let's begin with, A) Interior opening First I would like to talk about Agriculture because it's the first step of the opening. ... The first zones were established in 1984 along the coast and offered some advantages like fiscal exemption and exemption of the taxes on equipment's importation. ... In order to receive all the foreign capitals, China has been forced to reform her financial and monetary systems. ... Inflation is very high (2...

• Word Count: 1537
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• Grade Level: High School

The economic stimulus applied by the Australian government to promote recovery included expansionary monetary policy, with fifteen cuts in interest rates between January 1990 and July 1993. ... Fiscal policies were also applied with One Nation Statement released in February 1992, providing 2.3billion dollars of extra spending and tax cuts to promote recovery and confidence in the econom...

• Word Count: 2293
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• Grade Level: Undergraduate

According to the definition of the website of Investopedia, "an economic arrangement between different regions is marked by the reduction or elimination of trade barriers and the coordination of monetary and fiscal policies. ... It is a reciprocal policy to both of Hong Kong and Mainland. ... Those policies cause some bad impacts on Hong Kong people's lives. ... Because of this policy, many parallel goods traders take advantage with that and leads to social problems, including the shortage of powdered milk. ... Even though the Hong Kong government would like to irritate its economy, the p...

• Word Count: 1927
• Approx Pages: 8
• Grade Level: Undergraduate

After crafting a fiscal adjustment program and pledging progress on structural reform, Brazil received a $41.5 billion IMFLED international support program in November 1998. ... Brazil's debt to GDP ratio for 1999 beat the IMF target and helped reassure investors that Brazil will maintain tight fiscal and monetary policy even with a floating currency. ...

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They also sought the establishment of cooperatives to replace the traditional wage system and help bring into check the excesses of capitalism, equal pay for equal work, government ownership of telegraph facilities and the railroads, a public land policy designed to aid settlers and not speculators, and a graduated income tax. ... Beyond that, the Knights suffered from fiscal mismanagement and internal divisions, especially the longstanding strife between the skilled and unskilled worker members. ... Foremost among them was the Sub-treasury Land and Loan System, which redesigned American ban...

• Word Count: 1563
• Approx Pages: 6
• Grade Level: Undergraduate

Alexander Hamilton, the first financial genius of the United States, overcame tremendous childhood odds to lead America through its early monetary decisions and foundations in the time following the American Revolution. ... Hume and Hamilton both liked some of the premises of the British system, including a funded national debt, a large base of paper capital, and a national bank that issued a circulatory currency and regulated fiscal policy and interest rates. ...

• Word Count: 2366
• Approx Pages: 9
• Grade Level: Undergraduate