supply-side economics

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supply-side economics

n
(Economics) (functioning as singular) a school of economic thought that emphasizes the importance to a strong economy of policies that remove impediments to supply

supply-side economics

Economic policies based on the idea that a national economy will benefit through a government making more money available for investment, especially through reducing tax levels.
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Noun1.supply-side economics - the school of economic theory that stresses the costs of production as a means of stimulating the economy; advocates policies that raise capital and labor output by increasing the incentive to produce
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
References in periodicals archive ?
The government is planning new supply-side policies to strengthen innovation and create a better level-playing field between the large conglomerates (chaebol) and SMEs.
As for economic growth, supply-side policies do not tend to result in a stronger economy.
We think structural reforms, supply-side policies and more market-friendly initiatives are needed to support China's rebalancing,' Wang said.
On the basis that supply-side policies will continue to slowly improve and that productivity growth in the leading economy, the United States, will continue at a respectable pace, OECD (2014a) made growth projections using the framework of a catch-up growth model.
Governments at all levels should continue to monitor the effectiveness of their demand-side policies while considering what supply-side policies may be more appropriate in slowing down housing prices and cheap credit growth, thereby lowering debt loads.
JS: Now that international economic policy discussion is moving from demand-side policies to supply-side policies, given that the latter are basically domestic policies, "peer pressure" would perhaps be very important.
Rather than the traditional delineation on sectoral supply-side policies and demand-side policies, given the central role of water in the economy, an effective policy intervention design has to be based on an economy-wide, rather than sectoral, basis.
Greater priority must also be given to structural supply-side policies targeting productivity growth.
This model is also robust in that supply-side policies, even such as the central bank's indirect control of expected inflation, as shown in Eqs.
Kemp's principal contribution to politics was not the global impact of his supply-side policies.
This paper reviews UK supply-side policies since 2010 in terms of their impact on growth and considers medium-term growth prospects in the context of the puzzle of disappointing post-crisis TFP performance.
As the authors conclude, 'Both plans suffered from a lack of balance between supply-side policies seeking to enhance broadband availability, and demand-side policies aiming to stimulate consumer awareness, with the former figuring much more prominently in the programs', suggesting that national economic histories are equally as significant as--or even more so than--current assumptions about economic ideals in shaping broadband policy and regulation.