3 chapter the Good , the Bad , and the UGly : 100 years of dealinG with pUBlic deBt

  • pUBlic deBt overhanGs
  • Published 2012


International Monetary Fund | October 2012 101 Throughout the past century, numerous advanced economies have faced public debt burdens as high, or higher, than those prevailing today. They responded with a wide variety of policy approaches. We analyze these experiences to draw lessons for today and reach three main conclusions. First, successful debt… (More)


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