Counter-cyclical policy means expanding spending (monetary and fiscal) when growth slows and contracting when growth accelerates, which is what ideally should be done to stabilize economies.
definitionpending
Speaker
David MalpassEvidence Quote
“by counter cyclical we mean that means uh that when things slow down you do more and when things speed up you do less”
Source
Fix the global debt crisis before it's too late, warns World Bank's David Malpass— GZERO MediaCreated: 8/12/2026, 6:44:21 PM
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