David Dodge Quotes

Such a slowdown in growth, in turn, raises the risk that policy-makers might resort to protectionism. In that event, a period of very slow growth could, perhaps, be punctuated by periods of outright recession.

- David Dodge

Tags

Slowdown | Growth | Turn | Raises | Risk |

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And for countries with a fixed exchange rate, this means that authorities need to run appropriate policies in order for the fixed exchange rate to be sustainable. - David Dodge

Recently, problems have arisen from countries not playing by the rules of the game. Certain Asian economies have been stifling the inflationary effects of their interventions and, in the process, building up massive amounts of foreign reserves. - David Dodge

Some modest further increase in the policy interest rate would be required to keep aggregate supply and demand in balance and inflation on target. - David Dodge