Macro-Policy Issue: Dealing with an Economic Downturn

Stiglitz, Joseph E.

This paper sets forth a set of policies which are an alternative to the standard IMF prescriptions. It delineates the circumstances under which such policies could be easily implemented, outlines the risks, and provides a framework for thinking through how these risks can be assessed relative to the risks of the standard IMF strategies.


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Initiative for Policy Dialogue
Initiative for Policy Dialogue
Initiative for Policy Dialogue Working Paper Series
Published Here
February 4, 2010


The opinions expressed in these papers represent those of the author(s) and not The Initiative for Policy Dialogue. These papers are unpublished and have not been peer reviewed. Please do not cite without explicit permission from the author(s).