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108 sidor
2017

Drawing on an expanded data set covering emerging markets and low-income countries as well as advanced economies, this issue examines the extent and makeup of global debt and asks what role fiscal policy can play in facilitating the adjustment. The analytical framework explicitly models the interlinkages between private and public debt in analyzing the role of fiscal policy in the deleveraging process. Country case studies provide useful insights on what fiscal policy should and should not do to facilitate deleveraging while minimizing the drag on the economy.

Författare: International Monetary Fund
Format: Pocket/Paperback
ISBN: 9781513560601
Språk: Engelska
Antal sidor: 108
Utgivningsdatum: 2017-05-30
Förlag: International Monetary Fund (IMF)