Dealing with High Debt in an Era of Low Growth

Released on by S. M. Ali Abbas
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  • Dealing with High Debt in an Era of Low Growth Book Detail

  • Author : S. M. Ali Abbas
  • Release Date : 2013-09-23
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 32
  • ISBN 13 : 1484316134
  • File Size : 74,74 MB
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Dealing with High Debt in an Era of Low Growth by S. M. Ali Abbas PDF Summary

Book Description: 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.

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