Government's stimulus program to boost consumer spending

(Hiroshima University) The world has been experiencing an unprecedented economic downturn due to the COVID-19 pandemic. A significant number of economic activities have shut down. With increasing unemployment, economists are devising and proposing economic measures that could help ensure a sustainable increase in consumer spending and circumvent a long-term economic recession. However, whether the proposed economic measures are going to provide a long-term solution to these problems remains a concern.
Source: EurekAlert! - Social and Behavioral Science - Category: International Medicine & Public Health Source Type: news