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Economic Openness and Effectiveness of Countercyclical Macroeconomic Policies in the Context of Global Economic Slowdown: Experiences of the SEACEN Countries

Vincent Lim

in Staff Papers from South East Asian Central Banks (SEACEN) Research and Training Centre

Abstract: This paper intends to provide some insights into whether counter-cyclical macroeconomic policies, in particular fiscal spending is effective tool to stabilising and stimulating the economy in the context of the open economic structure.

Date: 2003
ISBN: 983-9478-30-3
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