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An Ambitious Agenda for Economic Growth
Oleh:
Weidenbaum, Murray
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
BUSINESS ECONOMICS vol. 32 no. 1 (1997)
,
page 7-11.
Topik:
economic growth
;
ambitious agenda
;
economic growth
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
BB20.3
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Two undesirable ways to achieve faster economic growth are to adopt an easy monetary policy or just cut tax rates. A better way is to deal with strucutral defects that depress productive capacity and productivity through structural reform. Budget cuts should aim to shift emphasis from programs that encourage consumption to those that encourage investment, review subsidy programs, avoid funding programs to offset problems caused by explanation, and privatize activities that belong in the private sector. Tax reform also should encourage saving and regulatory costs should be reviewed on light of the benefits derived. Slow growth is not susceptible to a quick cure, but an extensive array of expenditure, tax and regulatory reforms can shift the U. S. economy to a higher growth path.
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