Long-Term Trends in Public Finances in the G-7 Economies

Spn/10/13

Long-Term Trends in Public Finances in the G-7 Economies
Today's record public debt levels in most advanced economies are not only a direct fall-out from the global crisis. Public debt had ratcheted up over many decades before, when it had been used, in most of the G-7 countries, as the ultimate shock absorber—rising in bad times but not declining much in good times. Alongside, primary spending... READ MORE...

Publication date: September 2010
ISBN 9781455263325
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Publication date: September 2010

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Publication date: September 2010

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