The government's new package of urgent economic policy measures: a preliminary assessment

Authors

  • Margarita Rohr Universidad de Valencia
  • Ángel Soler Universidad de Valencia

DOI:

https://doi.org/10.7203/IREP.4.1.24848

Abstract

The objective of this paper is to try to expose the effectiveness of the measures adopted in the RDL 6/2022 to control the high growth in prices that has been taking place since the summer of 2021 and has been aggravated by the Russian invasion of Ukraine in end of February 2022. The method "means-end scheme" is used to analyse the effectiveness of the measures. Throughout this paper, the limited effectiveness of the measures adopted is verified, either because they are not directly aimed at reducing price growth, or because they are insufficient to tackle the problem, although some of the measures do fulfil their objective. Because of the worsening of price growth constraints, the inflation rate in June 2022 stood at 10.2% and the government has approved a new RDL (11/2022) by which it extends and implements new measures to control price growth.

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References

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Published

2022-07-14

How to Cite

Rohr, M., & Soler, Ángel. (2022). The government’s new package of urgent economic policy measures: a preliminary assessment. International Review of Economic Policy-Revista Internacional De Política Económica, 4(1), 1–19. https://doi.org/10.7203/IREP.4.1.24848
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Vol. 4 No. 1 (2022)

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