Yuri Yevdokimov
The role of fiscal and monetary policy during and after recent crisis
(original language – English)
Different views on the role of fiscal and monetary policy are discussed in terms of history of economic thought. Fundamental features of fiscal and monetary policy are identified and analyzed with respect to recent financial and economic crisis. Lessons from variety of fiscal and monetary stimulus used by different countries to overcome recent crisis are summarized.
Key words: fiscal and monetary policy, economic crisis, economic system, history of economic thought.
Placed in №1, 2011.
Affiliations: Yuri Yevdokimov, Dr., Associate Professor, Department of Economics, University of New Brunswick, Department of Economics, Fredericton, Canada.
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