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Explore How Economic Models Helped Fight the 2008 Global Financial Crisis with 5,778 views, 879 likes, and 0 comments. Experience the impact of this video content that has captured audience attention.

What were policymakers really afraid of during the 2008 global financial crisis — and how did economic models help shape the response? In this conversation, Salome and Doug Laxton look back at one of the most consequential moments in modern economic policymaking. They explore the risk of a self-reinforcing debt-deflation cycle, the role of the financial accelerator, and why monetary policy alone was not enough. The discussion also explains how GIMF was used to analyze fiscal stimulus, why the composition of fiscal policy mattered, and why coordinating the response across the G20 could strengthen its impact. More than a story about fiscal multipliers, this is a real-world example of how economic modeling can help policymakers understand a systemic crisis and evaluate possible responses. #Economics #FinancialCrisis #GlobalFinancialCrisis #EconomicModeling #GIMF #FiscalPolicy #MonetaryPolicy #G20 #Macroeconomics #EconomicPolicy #GlobalEconomy #BetterPolicyProject

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