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The "Paulson Plan" and its implications

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The "Paulson Plan" and its implications

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Title: The "Paulson Plan" and its implications
Author: Woo, Raymond Weng Pong
Copyright year: 2008
Abstract: The US government's plan to inject US$ 700 billion into the finacial sector may have improved sentiment among investors and monitoring authorities in Wall Street. However, the "Paulson Plan" will likely provide only short-term benefits without solving the crisis' root causes. It might even create long-term damage to the US' economic and strategic position.
Subject: DRNTU::Social sciences::Economic development::United States
Type: Commentary
Series/ Journal Title: RSIS Commentaries ; 106/08
School: S. Rajaratnam School of International Studies
Version: Accepted version

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