Series: Staff Discussion Notes
Author(s): Jonathan Ostry , Atish Ghosh , and Raphael Espinoza
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2015
Keywords: Economic growth, Public investment, Public debt, debt, investment, financial crisis, Forecasts of Budgets, Deficits, and Debt,
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...