reflationary policy

France, he said, needed a more reflationary policy that would increase employment and check the "catastrophic" loss of industry here.

It was the rollback of those same reflationary policies that led to the interrupting recession of 1937.

Japan, represented by finance minister Taro Aso, "escape[d] criticism" for the 20% drop in the yen that had stemmed from its recent reflationary policies.

This prevented the application of reflationary policies over long time periods, since deflation of demand, to reduce spending on imports, was often used to correct balance of payments deficits.

Although the government's reflationary policies tended to stabilise unemployment, the number of people out of work topped 2 million, in spite of a pledge made by Mitterrand to keep it below this figure.

A strong commitment from the 25 towards a coordinated reflationary policy, as well as greater national and trans-European infrastructure investment, will enable Europe to restart growth, which is a prerequisite for gaining acceptance of difficult structural reforms.