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Pump Priming
(redirected from pump-priming)

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Pump Priming
Any government action taken to spur economic growth, especially when growth is sluggish or negative. Pump priming is nonpartisan; that is, pump priming policies may be conservative (e.g. tax cuts), liberal (e.g. increased spending) or some combination of the two. The term originated during the Great Depression and fell out of use after World War II. However, it came back to some extent during the late 2000s recession.


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Investors' confidence in the global economy was bolstered after the finance ministers and central bank governors from the G-20 industrial and emerging countries pledged to take more pump-priming measures at the conclusion of their meeting in St.
But domestic demand remains weak and a stronger yen is hurting exporters, raising concerns that the recovery could stall as the impact of the government's pump-priming measures fades.
But domestic demand remains weak and a stronger yen is hurting exporters, raising concerns that the recovery could stall as the impact of the government's pump-priming measures fades.
 
 
 
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