Why rising government debt burdens really matter
By Eswar Prasad and Mengjie Ding The global financial crisis triggered a sharp increase in public debt levels, both in absolute terms and relative to GDP. The level of aggregate net government debt in...
View ArticleEuro bonds are not enough: eurozone countries need a government banker
By Thomas I. Palley The eurozone‘s public finance crisis continues to fester, reflecting both political and intellectual failure. The intellectual failure is that the crisis has been interpreted...
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