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 sh...
You easily download any file type for your gadget.Fiscal Monitor, October 2016 | Marialuz Moreno Badia.Not only was the story interesting, engaging and relatable, it also teaches lessons.