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Examples
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Slide 15: "Expansionary" Fiscal Policy Used to fight unemployment …
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Expansionary fiscal policy is prohibited by pressure from the European authorities -- who are actually pushing Spain to do the opposite, i.e. cut spending and raise taxes -- and the fact that, not having its own monetary policy, Spain cannot engage in "quantitative easing," as the US has done recently, or Japan has done for decades, to finance government spending without adding to the country's net debt burden.
Mark Weisbrot: Spain's Troubles Are Tied to Eurozone Policies Mark Weisbrot 2011
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Expansionary monetary policy only works when there are sufficient numbers of willing, credit worthy borrowers.
Matthew Yglesias » (Part of) The Case for Higher Inflation 2010
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Expansionary monetary policy, in my opinion, is a bad policy option to cure unemployment.
Productivity and Unemployment, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Expansionary fiscal policy is prohibited by pressure from the European authorities -- who are actually pushing Spain to do the opposite, i.e. cut spending and raise taxes -- and the fact that, not having its own monetary policy, Spain cannot engage in "quantitative easing," as the US has done recently, or Japan has done for decades, to finance government spending without adding to the country's net debt burden.
Mark Weisbrot: Spain's Troubles Are Tied to Eurozone Policies Mark Weisbrot 2011
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Expansionary capital needs to be able to value (rather than devalue) the "de-risk" factor ( "how come there isn't more revenue?"): Less sophisticated investors (and entrepreneurs) prefer to be in a state of "continual (idea) build" - Namely planning the next new thing, and never executing.
"I believe the goal of seed funding is to validate (or disprove) an entrepreneur’s hypothesis + “de-risk” the opportunity." Ben Barren 2007
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Expansionary monetary policy kept that from happening, however, as the Greenspan Federal Reserve kept interest rates very low for a very long time.
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Expansionary fiscal policy, along with the deregulation of many domestic markets, has fostered significant increases in domestic consumption in recent years.
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Expansionary, export-led growth is no panacea: growing income inequality and loss of social safety nets threatens the “success stories” of rapidly developing nations such as China.
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Expansionary policies increase demand and revenues and therefore generate more tax revenues.
The Guardian World News Jayati Ghosh 2011
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