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2014 | OriginalPaper | Chapter

5. Types of Stimulus Packages and Consolidation

Authors : Carol Yeh-Yun Lin, Leif Edvinsson, Jeffrey Chen, Tord Beding

Published in: Navigating Intellectual Capital After the Financial Crisis

Publisher: Springer New York

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Abstract

During the 2008 global financial crisis, most of the governments proposed and implemented stimulus packages in order to stabilize their economy. The stimulus packages by definition are fiscal measures (government spending or tax cuts), including those aimed at stabilizing banks and other financial institutions as bank rescue or financial assistance packages (Nanto 2009). On the contrary, countries required bailout could not offer stimulus but need consolidation in order to obtain external financial support, such as Greece and Portugal. To coordinate global efforts, world leaders began a series of international meetings (please refer to Appendix A) to address changes in policies, regulations, oversight, and enforcement.

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previous chapter Internal and External Influence

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Title: Types of Stimulus Packages and Consolidation
Authors: Carol Yeh-Yun Lin
Leif Edvinsson
Jeffrey Chen
Tord Beding
Publisher: Springer New York
Book: Navigating Intellectual Capital After the Financial Crisis
Print ISBN: 978-1-4939-1294-0

Electronic ISBN: 978-1-4939-1295-7

Copyright Year: 2014
DOI: https://doi.org/10.1007/978-1-4939-1295-7_5

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