expansionary
Adjective
Meaning
expansionary (comparative more expansionary, superlative most expansionary)
That promotes or exhibits expansion; expansionist.
Synonyms
Examples
After proposing for the first time to reduce spending of its oil wealth in 2020, there’s now a higher chance of a “slightly expansionary budget” next year, she said.
Another intervention involves an expansionary monetary policy that increases the supply of money which should reduce interest rates which should lead to an increase in non-governmental spending.
Despite an expansionary fiscal policy, the public debt remained moderate at around 50 percent of GDP as deficits were financed partly by privatization receipts.
For instance, Maria Brouwer opines that " expansionary policies can fail and undermine the authority of the leader.
Government responses seeAlso Most mainstream economists believe that recessions are caused by inadequate aggregate demand in the economy, and favor the use of expansionary macroeconomic policy during recessions.
It could force countries to pursue deflationary policies at exactly the time when expansionary measures were called for to address rising unemployment.