Public Debt Sustainability

Public Debt Sustainability
Author :
Publisher : Rowman & Littlefield
Total Pages : 389
Release :
ISBN-10 : 9781666902570
ISBN-13 : 1666902578
Rating : 4/5 (578 Downloads)

Book Synopsis Public Debt Sustainability by : Barry W. Poulson

Download or read book Public Debt Sustainability written by Barry W. Poulson and published by Rowman & Littlefield. This book was released on 2022-01-04 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: As countries recover from the coronavirus pandemic, they are confronted with an even more challenging debt crisis. Xavier Debrun argues in the foreword that in deciding where we go from here that there is no longer a consensus regarding the optimum design and enforcement of fiscal rules. Rather we must address a series of questions and challenges to the conventional wisdom. This book provides an opportunity for scholars to explore these questions from an international perspective, with reference to European countries, and emerging nations as well as the United States.

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Starting point of this book is the observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarant