The Viability of Fiscal Policy in South Korea, Taiwan, and Thailand

Jul 22, 2011

The Viability of Fiscal Policy in South Korea, Taiwan, and Thailand

This paper offers an analysis of the impact of neo-Keynesian policies in three Asian Tigers in the aftermath of the 1997 financial crisis. Using sophisticated statistical techniques applied to data on taxes, spending, and income the authors seek to evaluate the viability of expansionary fiscal policy to stimulate growth.

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