BFM 89.9

HIGHLIGHTS  GE15
Podcast  >  Morning Run  >  Morning Brief  >  More Stimulus Than the GFC but Is It Enough?

More Stimulus Than the GFC but Is It Enough?

Marina Stefani, Director, Fitch Ratings' Economics Team

12-Jun-20 07:30

More Stimulus Than the GFC but Is It Enough?

According to Fitch Ratings, aggregate direct fiscal stimulus measures for the “Fitch 20” countries, such as the US, UK and Australia, have totalled over $5 trillion, which is 7% of those countries’ 2019 GDP. This outweighs the scale after the global financial crisis, when the advanced economies undertook a fiscal easing of only 3% to 4% of GDP.

That said, is the global response enough to ward off the much feared global recession which some have said could be worse than the Great Depression of the 1930s?

Produced by: Wong Shou Ning, Dayana Mustak

Presented by: Roshan Kanesan, Noelle Lim, Khoo Hsu Chuang


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  PoliticsLaw and Legal MattersBusiness AnalysisTrends and ForecastsMarketsSocial IssuesInvestments

Tags:  Penjanastimulus packageUKUSAustraliaGDPMonetary PolicyFiscal PolicyFitch Rating


Share this podcast




Play / Pause

Listen now : The 6AM Stretch

Today’s Shows



6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

7:15 AM

Morning Brief

8:00 AM

The Breakfast Grille

Thorsten Beck, Professor of Financial Stability, Florence School of Banking and Finance

8:30 AM

Morning Brief

9:00 AM

Opening Bell

9:35 AM

The Property Show

10:05 AM

Open For Business

Eddy Han, ShopBack Malaysia

11:05 AM

HerVantage

Dr Mastura Rosly, Psychiatrist, Mind Matters Clinic

12:00 PM

Enterprise Biz Bytes

Andre Sequerah and Tay Shan Li, Managing Partners, ScaleUp Malaysia.

1:00 PM

The Breakfast Grille Repeat

Thorsten Beck, Professor of Financial Stability, Florence School of Banking and Finance

2:05 PM

Live & Learn

3:05 PM

Earth Matters

Incinerators - A Pain In The Ash?

4:05 PM

Health & Living

Back Up: Let’s Talk About Degenerative Spine Diseases

5:00 PM

The Evening Edition

5:35 PM

Today On Twitter

6:05 PM

Inside Story

7:05 PM

The Evening Edition

7:35 PM

Popcorn Culture - Review

John Wick: Chapter 4

8:00 PM

Cruise Control

Daniel Fernandez, dsf.my | Ariff Roose | Richard Bradbury

10:00 PM

The Pulse