pump priming :

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pump priming


  • n  spending money raised by borrowing; used by governments to stimulate their economy
  • n  introducing water into a pump to improve the seal and start the water flowing
News & Articles

  • China's New 'Secret Stimulus' Program: Likonomics Is Dead
    Without announcement, Premier Li Keqiang is implementing a new round of pump priming, what a senior official at the state-owned China Development Bank called “unofficial economic stimulus.” The plan puts funds into key provinces and cities through the country’s banking institutions instead of making direct disbursements from central government coffers. So far, Beijing is funneling the “silent ...
    Aug. 18, 2013 - Forbes

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