Press Release
August 11, 2003

Germany’s Deflationary Fiscal and Monetary Policies, Modeled by the EU, Threaten European and Global Growth

By Not Taking Significant Measures to Boost Domestic Demand, European Economies, as Exemplified by Germany, Are Taking a Dangerous Free Ride on U.S. Expansionary Policies, New Levy Institute Study Says

by Mark Primoff

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Blithewood
Bard College
Annandale-on-Hudson, NY 12504-5000
845-758-7700
The Levy Economics Institute of Bard College, founded in 1986 through the generous support of Bard College trustee Leon Levy, is a nonprofit, nonpartisan, public policy research organization. The Levy Institute is independent of any political or other affiliation, and encourages diversity of opinion in the examination of economic policy issues while striving to transform ideological arguments into informed debate.