VERN policy brief no. 2 : stimulating demand using fiscal policy (fiscal stimulus package) - the necessity, principles, and practice in the world and Vietnam
Date
2011
Journal Title
Journal ISSN
Volume Title
Publisher
Centre for Analysis and Forecasting (CAF), Hanoi, VN
Abstract
A demand stimulus package is needed now that timely delivery of the first stimulus package has occurred. This policy brief was created in response to the global financial recession and its impact on the economy of Vietnam. Its most important objective is to maintain employment, reversing the vicious circle of economic decline. To obtain this objective, with the lowest possible budgetary deficit, the design and implementation of the stimulus package is laid out to comply with some policy details, principles and recommendations. Other complementary policies are required to be implemented, which take into account specific conditions in Vietnam.
Description
item.page.type
Policy Brief
item.page.format
Text
Keywords
ECONOMIC RESEARCH, ECONOMIC POLICY, FISCAL POLICY, FISCAL STIMULUS, ECONOMIC CRISIS, ECONOMIC AND SOCIAL DEVELOPMENT, VIET NAM