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As countries recover from the coronavirus pandemic, they are confronted with an even more challenging debt crisis. Xavier Debrun argues in the foreword that in
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Addressing the global financial crisis has required fiscal intervention on a substantial scale by governments around the world. The consequent buildup of public
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Public debt has become a severe problem for a great many economies. While the effects of tax policies on the allocation of resources are readily derived, the me
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Type: BOOK - Published: 2021-06-09 - Publisher: Cambridge Scholars Publishing
Despite its beneficial aspects, public debt can be hazardous for macroeconomic performance should it reach unrepayable levels as a consequence of snowballing ex
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Type: BOOK - Published: 2009-07-24 - Publisher: Springer Science & Business Media
Starting point of this book is the observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarant
