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Government Spending Programmes - Demand Stabilization von Brinkmann, Lukas (eBook)

  • Erscheinungsdatum: 03.03.2011
  • Verlag: GRIN Publishing
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Government Spending Programmes - Demand Stabilization

Essay from the year 2009 in the subject Business economics - Economic Policy, , language: English, abstract: 1. Introduction On the 5th of November 2008, Germany introduced its first government spending programme. The main purpose of this package was to actuate investments of companies, government, municipal governments and private households of about ?50 billion. Moreover it was created to ensure further funding of companies. As there were a lot of voices criticizing it as too little to fight against the current crisis combined with a further escalation of the crisis, the government decided to announce a second spending programme in January 2009. Main points of this stimulus package were fostering private consumption, governmental investments and financial aids for firms. Both two-year spending programmes are worth of ?82 billion.


    Format: ePUB
    Kopierschutz: none
    Seitenzahl: 5
    Erscheinungsdatum: 03.03.2011
    Sprache: Englisch
    ISBN: 9783640850075
    Verlag: GRIN Publishing
    Größe: 375kBytes
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