When Should Public Debt Be Reduced? /

What considerations should guide public debt policy going forward? Should debt be reduced to achieve normative anchors (such as 60 percent of GDP), should it be increased further to finance a big public investment push, or should the existing debt be serviced forever? We argue that, for countries wi...

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Hlavní autor: Ostry, Jonathan
Další autoři: Espinoza, Raphael, Ghosh, Atish
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2015.
Edice:Staff Discussion Notes; Staff Discussion Notes ; No. 2015/010
On-line přístup:Full text available on IMF