The Council of the public finances of Portugal EFE has warned this week that too many cuts can put the country into a spiral of poverty without output. To do this, they call for interest on your debt will renegotiate. Many see the Executive of Passos Coelho forecasts to 2013 over-optimism. The Portuguese Government aims…
Tag: investment
Public Expenditure
But not only is that what you recommend Frenkel, but also supports a policy of slower growth in public expenditure, with an incomes policy and price (Frenkel is a so-called heterodox economist) and correction of distortions in relative prices. Frenkel’s message is: “Slowing demand without cool economic growth.” For he can not control inflation in…