2021
DOI: 10.1016/j.asieco.2021.101323
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Great recession, exports crunch, and China's fiscal stimulus in a global zero lower bound environment

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“…Generally, the whole world faces the same and quite serious problems, especially in the economic sector. Liu et al explained that international financial institutions, namely the International Monetary Fund (IMF) and the World Bank (World Bank), showed that the global economy was entering a very severe recession (Garcia-Barragan & Liu, 2021).…”
Section: Introductionmentioning
confidence: 99%
“…Generally, the whole world faces the same and quite serious problems, especially in the economic sector. Liu et al explained that international financial institutions, namely the International Monetary Fund (IMF) and the World Bank (World Bank), showed that the global economy was entering a very severe recession (Garcia-Barragan & Liu, 2021).…”
Section: Introductionmentioning
confidence: 99%