[PDF.40th] When Should Public Debt Be Reduced?

When Should Public Debt Be Reduced?

[PDF.zq04] When Should Public Debt Be Reduced?

When Should Public Debt  Jonathan David Ostry, Atish R. Ghosh, Raphael A. Espinoza epub
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 | #3570989 in eBooks |  2015-06-02 |  2015-06-02 | File type: PDF

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What considerations should guide public debt policy going forward? Should debt be reduced to achieve normative anchors (such as 60 percent of GDP), should it be increased further to finance a big public investment push, or should the existing debt be serviced forever? We argue that, for countries with ample fiscal space (little risk of encountering a fiscal crisis), raising distortive taxes merely to bring the debt down is a treatment cure that is worse than the disease....

You easily download any file type for your gadget.When Should Public Debt Be Reduced?   |  Jonathan David Ostry, Atish R. Ghosh, Raphael A. Espinoza. Which are the reasons I like to read books. Great story by a great author.

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