Economic stimulus

Economic stimulus

A plan to boost the economy and achieve positive effects like increased job creation, jumpstart frozen credit markets, restore consumer spending etc. through the use of fiscal policy like government spending and tax measures. This program is controversial because many economists disagree on the stimulus multiplier. The expenditure is stimulative if the multiplier is greater than 1.0 (extra government spending causes add on spending by consumers). However, many economists think that at best, the multiplier is 1.0 (simple replacement of spending that would already occur) and at worst less then 1.0 (government spending focused on less productive targets than consumers would choose).
References in periodicals archive ?
Global Banking News-March 9, 2015--ECB launches economic stimulus programme
The projects of the first economic stimulus package, adopted in July 2013, will be concluded before the end of the first quarter of 2015, Minister of Planning Ashraf El-Araby told Daily News Egypt.
5 trillion yen (54 billion dollars) in economic stimulus measures in a bid to offset the possible impact of a 3 per cent sales tax increase in April, dpa reported.
Summary: Gold declined in London, dipping below $1,300 an ounce, as the dollar gained while investors assessed the prospects for an agreement to raise the US debt ceiling and reduced economic stimulus.
central bank dashed hopes of further economic stimulus
Wrexham County Borough Council have recently been successful in drawing over pounds 393,000 in funding from the economic stimulus package grant funding towards providing additional affordable housing on the Kingsmills and Rivulet Road sites in partnership with Wales and West Housing Association.
com)-- 19th January will always remain a proud day in the history of iridium Interactive as today is the day the Kenya Economic Stimulus Program's website and GIS Mapping system, www.
Creating jobs through new economic stimulus spending leads the list, with 60% of Americans in favor.
Funding from the economic stimulus package has provided temporary relief for states.
The Bureau of National Affairs (BNA; Arlington, VA) has launched BNA InfoDash Economic Stimulus Dashboard, a news-filtering tool that allows users to track the flow of economic stimulus news and dollars.
Easy access to money for economic stimulus plans is necessary if the US recession is to be tackled effectively, Bernanke added.