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But the chief thrust of policy should be fiscal spending.
"Fiscal spending is about 20 percent of G.D.P., so that's about 10 trillion yuan.
Fiscal spending isn't stimulative if it results in significantly higher debt costs.
Japan is also getting a boost from the second arrow, more fiscal spending.
Japan is also getting help from the second arrow, more fiscal spending.
His most recent research argues that fiscal spending could be self-financing if it shortens unemployment spells.
Since her inauguration in January, Ms. Rousseff has shown a willingness to take a red pen to fiscal spending.
The second part of Mr Abe's plan, a fat dollop of fiscal spending, mostly reached its target.
Quantitative easing, bank recapitalizations and fiscal spending all failed to revive the world's soon-to-be fourth-largest economy.
Most of all, Mr Zhu promises to counter the economy's headwinds with a blast of fiscal spending.
A program of fiscal spending has led to an economic revival that has made Thailand a standout in Asia.
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