Cover Image

Avoiding debt traps. Financial backstops and structural reforms

"In this paper we develop a simple analytical framework to analyze "good" and "bad equilibria" in public-debt and growth dynamics. The "bad equilibrium" is characterised by the simultaneous occurrence, and adverse feedbacks between, high and growing fiscal deficits...

Full description

Bibliographic Details
Main Authors: Padoan, Pier Carlo, Sila, Urban, van den Noord, Paul
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Paris 2012
OECD
Subjects:
fiscal policy
government policy
national budget
public debt
OECD countries
Online Access:https://www.labourline.org/KENTIKA-19132426124919506089-avoiding-debt-traps.-Financial.htm

Similar Items

Similar Items