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The Reserve Bank of Australia's decision to cut interest rates and a large and timely stimulus program helped the country through the Great Recession at least as much as mining did.
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Indeed, smart and timely fiscal stimulus is critical.
With the help of an ambitious and timely fiscal stimulus package, he steered Australia clear from recession.
In recent years China's growth has slowed significantly to under 8%—and were it not for a timely fiscal stimulus would be slower still.
If the American economy were entering a standard cyclical downturn, there would be good reason to believe that a timely countercyclical stimulus like that devised by Washington would be effective.
The BIS commentsCentral banks face the risk that, once the time comes to tighten monetary policy, the sheer size and scale of their unconventional measures will prevent a timely exit from monetary stimulus, thereby jeopardising price stability.
I must say that a return to calls for a timely, targeted, and temporary stimulus package is itself probably misplaced.
Not an abbreviated, "timely, targeted and temporary" stimulus like the one Obama sponsored at the pit of the recession, but an ongoing program of economic renewal.
These molecules help in timely response to the stimulus and in the maintenance of membrane integrity which is the first line of defense to stress introduction [ 24, 60, 64].
However, their role in rapid information processing, for example, as required for timely processing of salient stimuli, is not well understood.
Since many of the effects of IL-6 are mediated through activation of protein phosphorylation cascades, this implies that Twist expression must be under a tight control at the post-translational level in order to respond in a timely manner to external stimuli.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com