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Time to deploy the fiscal levers actively and wisely
November 30, 2016
GIC’s 2016 Frederick Heldring awardee, Catherine L. Mann of the OECD, writes: “The role of fiscal policy has been at the heart of the policy debate since the financial crisis. With the global economy stuck in a low-growth trap and monetary policy overburdened, it is time to re-assess the use of fiscal policy levers. Government interest payments […]
The Day After in Bondland
November 9, 2016
“Destiny is not a matter of chance; it is a matter of choice. It is not a thing to be waited for; it is a thing to be achieved” – William Jennings Bryan, 1899 (Democratic candidate for president in 1896, 1900, and 1908) William Jennings Bryan was never elected president, losing to William […]