In 2020 “on the books” budgeted stimulus in Germany is larger than in China. BUT as @laurimyllyvirta has pointed out, where are policy banks? State-owned commercial banks are key in China. @IMFNews Fiscal folks need to talk to Financial stability side!
imf.org/en/Publication… https://t.co/psWS2bYPLQ
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…