他们发现,很多时候,倚靠支出削减的紧缩性财政政策即使在非常短的时期内,也能够刺激产出的增长。
They found that, more often than not, fiscal adjustments that relied on spending cuts boosted growth, even in the very short run.
例如,新兴经济体实行更为紧缩的财政政策,可以减少经济过热的可能性。
Tighter fiscal policy in emerging economies, for instance, could lessen the chance of overheating.
以扩张性财政政策为主的扩大内需虽起了一定的积极作用,但并没有从根本上改变通货紧缩的局面。
Though enlarging domestic demand mainly dependent on the expansive fiscal policy plays a positive role. if does not change the deflation situation fundamentally.
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