Artus – Why the oecd countries charge right into the wall - The Point

Since the mid-1990s, the economic policy strategy pursued in the countries of the OECD (Organization of economic cooperation and development) is the same. Each

Artus – Why the oecd countries charge right into the wall - The Point

Since the mid-1990s, the economic policy strategy pursued in the countries of the OECD (Organization of economic cooperation and development) is the same. Each time that the application or the income weakens, this weakening is compensated for by the debt, private or public. And the higher level of debt requires that the monetary policy is increasingly expansionary, to render the debt to be acceptable.

In all OECD countries since the second half of the 1990s, there was what we can call wage restraint : the rise of the salair...

Article reserved to subscribers

Already a subscriber ?

sign in

Not a subscriber yet ?

Subscribe

writing will advise you

Gaël Giraud : "It is necessary to cancel the public debt held by the european central Bank" Artus – From fiction to reality, on the role of central banks Delhommais – Sainte Christine, protect us from the crisis Artus – Crisis Covid-19 : how to allocate the loss of income
Updated Date: 27 June 2020, 04:33

You need to login to comment.

Please register or login.

RELATED NEWS