Asset Details
Do you wish to reserve the book?
Politics and Policies in Two Economic Crises
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Politics and Policies in Two Economic Crises
Do you wish to request the book?
Politics and Policies in Two Economic Crises
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Book Chapter
Politics and Policies in Two Economic Crises
2012
Overview
In the Great Recession, the deep economic downturn of 2008 to 2009, European governments adopted expansionary fiscal policies quickly, and with little apparent controversy. In December 2008, the member states of the European Union agreed on a European Economic Recovery Program, which included discretionary stimulus measures amounting to 1.5 percent of GDP. The program was implemented by national parliaments in the beginning of 2009. In February of that year—when the U.S. Congress passed the American Recovery and Reinvestment Act, containing $787 billion in tax cuts and spending increases over three years—the Bundestag approved a stimulus plan for Europe’s
