Threshold Effects of Sovereign Debt : Evidence From the Caribbean /

This paper addresses the issue of threshold effects between public debt and economic growth in the Caribbean. The main finding is that there exists a threshold debt to gross domestic product (GDP) ratio of 55-56 percent. Moreover, the debt dynamics begin changing well before this threshold is reache...

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Bibliographic Details
Main Author: Drakes, Lisa
Other Authors: Craigwell, Roland, Greenidge, Kevin, Thomas, Chrystol
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/157
Online Access:Full text available on IMF