When Should Public Debt Be Reduced?

When Should Public Debt Be Reduced?
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... READ MORE...

Publication date: June 2015
ISBN 9781498379205
$10.00

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