Debt and Growth: Is There a Magic Threshold?

Debt and Growth: Is There a Magic Threshold?
Using a novel empirical approach and an extensive dataset developed by the Fiscal Affairs Department of the IMF, we find no evidence of any particular debt threshold above which medium-term growth prospects are dramatically compromised. Furthermore, we find the debt trajectory can be as important as the debt level in understanding future growth... READ MORE...

Publication date: February 2014
ISBN 9781484306444
$18.00

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