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).

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References in periodicals archive

Summary: The economic stimulus programme announced for small and medium-sized businesses, public-private partnerships, and 100 per cent foreign owner...

SME stimulus plan to increase Dubai's long-term growth potential

The budget will focus on ensuring economic stabilization and providing economic stimulus for sustainable growth.

Federal Budget for fiscal year 2019-20 being presented in NA today

Kudakwashe Abu Dhabis new economic stimulus programme will have limited sovereign credit impact Abu Dhabis new economic stimulus programme highlights the winding down of fiscal adjustment and suggests that the fiscal policymaking framework has seen little improvement, despite sharp spending cuts and increases in nonoil revenue.

Abu Dhabi stimulus confirms fiscal adjustment is over says Fitch

The government is planning to move up 3 trillion won worth of spending to the first half of the year as part of an effort to accelerate the nation's economic recovery: 2 trillion won from the annual budget and the remaining 1 trillion won from the leftover of a 46 trillion won economic stimulus package launched last year.

Government to move up 3 trillion won of spending to first half

Global Banking News-March 9, 2015--ECB launches economic stimulus programme

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.

First economic stimulus package projects to end in Q1 2015: Planning minister

Tokyo, Safar 2, 1435, Dec 5, 2013, SPA -- Japanese Prime Minister Shinzo Abe's cabinet on Thursday approved 5.5 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.

Japan's cabinet agrees 54-billion-dollar stimulus package

GLOBAL markets swung sharply lower as encouraging economic data from both sides of the Atlantic triggered fresh fears of an early end to economic stimulus.

Markets plunge

central bank dashed hopes of further economic stimulus

U.S. Crude Futures down $1 On Fed Comments

FURTHER investment in economic stimulus projects could pump another pounds 23m into the Welsh economy, according to Hybu Cig Cymru.

We give great value, says HCC

Nairobi, Kenya, January 26, 2011 --(PR.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.economicstimulus.go.ke, was launched by Uhuru Kenyatta, Deputy Prime Minister of Kenya in the presence of other Cabinet ministers, Permanent Secretaries and other key officials of Govt.

IridiumInteractive Launches an Innovative Monitoring & Reporting Tool for Kenyan Government