Expansion in output was fuelled by growing external demand and generally expansive domestic economic policies.
The Commission does not believe that the problems arising in Europe relate to an expansive fiscal policy.
The stabilisers are playing a role, they are allowing this expansive policy to take place.
On the other hand, it has not so far been demonstrated that the countries with expansive fiscal policies achieve better results in terms of growth.
The report does not, however, do enough to emphasise quite a few countries' need for a more expansive policy.
Over the past few years we have witnessed China showing a great interest in Africa and carrying out an expansive policy of investment there.
It is therefore important for us to continue with the expansive financial policy.
Finally, we also have the European Central Bank's very expansive policy.
The Fed kept policy expansive in 1992 and 1993 at the very moment, hindsight shows, when the economy was gathering steam.
We could do a better job if we applied deficit spending or expansive monetary policy.