Big Government, High Debt, and Fiscal Adjustment in Small States /

Using a new fiscal dataset for small states, this paper analyzes the link between country size, government size, debt, and economic performance. It finds that on average small states have larger governments and higher public debt. Although there are intrinsic factors that explain why governments are...

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Bibliographic Details
Main Author: Ota, Rui
Other Authors: Medina Cas, Stephanie
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/039
Online Access:Full text available on IMF