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Dealing with High Debt in an Era of Low Growth
S. M. Ali Abbas
Mr.Bernardin Akitoby
Mr.Jochen R. Andritzky
Mr.Helge Berger
Mr.Takuji Komatsuzaki
Justin Tyson
出版
International Monetary Fund
, 2013-09-23
主題
Business & Economics / Finance / Financial Risk Management
Business & Economics / Economics / Macroeconomics
Business & Economics / Public Finance
ISBN
1484316134
9781484316139
URL
http://books.google.com.hk/books?id=4T4ZEAAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
task has become particularly challenging in European advanced economies where expectations of low growth and limits to monetary policy support are shifting the burden of adjustment onto fiscal consolidation. The SDN will investigate the main drivers behind successful past debt reversals, focusing on macroeconomic and financial market conditions, the speed and form of fiscal adjustment, and the institutional policy setting, among other things. Its policy conclusions will depend on the emerging stylized facts but are likely to include considerations on the design and pace of fiscal consolidation, taking into account country-specific as well as regional economic, institutional, and political factors.
