Point: The Global Financial Crash Necessitates Government Intervention

Grosvenor, Michael
March 2019
Australia Points of View: Global Recession;3/29/2019, p2
The article presents an argument for the use of government intervention to alleviate the economic stress of the 2008-2009 global financial crisis. The causes of the economic downturn, the benefits of economic stimulus programs in the U.S. and in Australia, and the recommendations of the Organisation of Economic Co-operation and Development (OECD) for economic recovery are discussed.


Related Articles

  • United States Government Accountability Office Washington, DC 20548.  // GAO Reports;3/31/2011, p1 

    The article offers information on how the U.S. government dealt with the 2007 recession. It states that the government passed the American Recovery and Reinvestment Act of 2009 (Recovery Act), which provided about 282 billion dollars in federal fiscal assistance to state and local governments....

  • FEED THE RECOVERY. Sheridan, Barrett // Newsweek;10/12/2009, Vol. 154 Issue 15, p16 

    The article discusses the United States' response to the 2008-2009 financial crisis. The author argues that despite concerns about increased government spending to stimulate the economy, the country is likely not going to experience drastically increased inflation. As a result, the author warns...

  • Reaping the Bundle's Rewards. Micra, Michael Pelcovits // Multichannel News;9/14/2009, Vol. 30 Issue 34, p31 

    In this article the author reflects on the impact of federal government's stimulus package in the cable industry in the U.S. He states that the economists are already trying to comprehend the purpose of the stimulus package with the signs that the economy is recovering from the economic crisis....

  • Point: The Economic Stimulus Plan is a Necessary and Appropriate Method of Addressing the 2008-2009 Recession. Berger, Adam // Points of View: Economic Stimulus Package;3/1/2016, p2 

    The article presents an argument in support of the U.S. economic stimulus package of 2009. The author argues that government intervention will assist in economic recovery following the global financial crisis of 2008-2009. The effect of the stimulus package on job creation as well as on the U.S....

  • SLOW-MOTION Recovery. Sanders, Bob // New Hampshire Business Review;12/31/2009, Vol. 31 Issue 29, p1 

    The article reports on the economic recovery in New Hampshire. It mentions the impact of the global financial crisis to the state's economy and cites the affected sectors particularly housing, construction, and hospitality. Meanwhile, it notes the significance of the American Recovery and...

  • Untangling the Recovery. Brodsky, Robert // Government Executive;Jun2009, Vol. 41 Issue 6, p24 

    The article reports on the U.S. government's efforts to bring the country back on the course of economic recovery. The $787 billion American Recovery and Reinvestment Act is seen by many as an opportunity to prop up a faltering economy. It is expected that the new act will bring long-term...

  • Going global. BROOKS, ROBERT E. // Forging;Jul/Aug2009, Vol. 20 Issue 4, p4 

    The article offers the author's views on the U.S. federal policies adopted since 2008 to revive the economic slowdown experienced by the global financial crisis of 2008-2009. He says that the U.S. American Recovery and Reinvestment Act and the dollar 787bn delivery of capital for manufacturing...

  • Is the Stimulus Helping? Fox, Justin // Time;11/2/2009, Vol. 174 Issue 17, p40 

    The article discusses the February 2009 American Recovery and Reinvestment Act and partisan political communications in Washington, D.C. regarding its effectiveness. It notes Republican criticism of rising unemployment and Democrat claims of economic recovery and stimulus-plan job creation. The...

  • Adopt Dynamic Planning Practices.  // CU360;12/14/2009, Vol. 35 Issue 21, p4 

    The article discusses the reasons why business leaders are confused about the economic recovery, based on the survey conducted by McKinsey & Co. in the U.S. One of these reasons in the truth about public policy which implies confusion of what will happen to the economy when the government's...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics