4 min read.Updated: 09 Nov 2016, 02:55 AM ISTJim O'Neill
In the West, the turn towards fiscal activism reflects widespread recognition that monetary activism has outlived its usefulness, at least at the margin
Two important events loom on the calendar this month: the US presidential election, and British chancellor of the exchequer Philip Hammond’s first Autumn Statement on 23 November. Obviously, the latter will not be as significant as the former, but it will have important consequences beyond the UK.
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