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https://www.investopedia.

com/insights/what-is-fiscal-policy/

For each real-world example, you need:

● Country
● Year(s)
● Details of policies
● Successes or failures of the policies

Find real-world examples for:

1. Expansionary monetary policy -


- Country → Canada
- Year(s) → 2014 to the 2nd quarter of 2016
- Details of policies
- Declining oil prices caused bank profits to decline, making Canadian
banks vulnerable to failure.
- reduced interest rates to combat these low oil prices
- targeted to boost economic growth domestically.
- Successes or failures of the policies

2. Contractionary monetary policy


- Country → Bangladesh
- Year(s) → 2018
- Details of policies
- Bangladesh Bank announced plans to issue a contractionary monetary
policy in an effort to control the supply of credits and inflation and
ultimately maintain economic stability in the country.
- As the economic situation changed in subsequent years, the bank
converted to a monetary policy focused on expansion.
- Successes or failures of the policies 

3. Expansionary fiscal policy


- Country → USA
- Year(s) → 2009
- Details of policies
- Name: American Recovery and Reinvestment Act of 2009
- Made in the midst of the Great Recession and totaled $831 billion.
- Most of this spending targeted infrastructure, education, and extension of
unemployment benefits.
- Successes or failures of the policies
- + → spending targeted infrastructure, education, and extension of
unemployment benefits.
4. Contractionary fiscal policy

- Country →
- Year(s) → 1920 to 1921
- Details of policies
- Name: Forgotten Depression of 1920 to 1921
- During the period directly following the end of World War II
- Leaps in economic growth followed massive cuts in government spending
and rising interest rates.
- Successes or failures of the policies

Interventionist supply-side policies

- Country → indonesia
- Year(s) → planning started in 2008-2009 → October 2013 - Completed in 2018
- Details of policies:
- Jakarta MRT Project
- Successes or failures of the policies

- The project design was carried out starting in 2008-2009, the construction phase was
carried out starting in October 2013, and planned for completion in 2018.
-
-

5. Improvement of infrastructure
- Country
- Year(s)
- Details of policies
- Successes or failures of the policies

6. Provision of healthcare
- Country
- Year(s)
- Details of policies
- Successes or failures of the policies

Market-based supply-side policies


- Country: UK
- Year(s): 2013
- Details of policies: The UK privatised Royal Mail because the need for more investment
was urgent. The British government claims privatisation will give the company access to
private capital and improve its competitiveness.
Britain privatized its Royal Mail in 2013, proceeding with an initial public offering of shares that
raised about $2.7 billion. The government pursued the reform because the company faced
falling mail volume, and it needed to reduce costs and increase innovation. Similar issues face
the U.S. Postal Service.

7. Reduce unemployment benefits


- Country
- Year(s)
- Details of policies
- Successes or failures of the policies

8. Reduce corporate taxes


- Country
- Year(s)
- Details of policies
- Successes or failures of the policies

9. Reduce income tax


- Country
- Year(s)
- Details of policies
- Successes or failures of the policies

10. Abolishing Minimum wage


- Country
- Year(s)
- Details of policies
- Successes or failures of the policies

11. Trade Liberalization


- Country
- Year(s)
- Details of policies
- Successes or failures of the policies

12. Deregulation
- Country
- Year(s)
- Details of policies
- Successes or failures of the policies

13. Privatization
- Country
- Year(s)
- Details of policies
- Successes or failures of the policies

14. Antimonopoly
- Country
- Year(s)
- Details of policies
- Successes or failures of the policies

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