The State of Public Finances : A Cross-Country Fiscal Monitor /

This paper presents sharp increase in government debt has complicated the management of preexisting challenges from population aging, especially in advanced economies. The increase in debt ratios projected for these economies is the largest since World War II. The increase in deficits and debt raise...

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Bibliographic Details
Main Author: Mauro, Paolo
Other Authors: Horton, Mark, Kumar, Manmohan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Staff Position Notes; Staff Position Note ; No. 2009/021
Online Access:Full text available on IMF