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Debt Sustainability and Fiscal Councils Add in library

Referencing Styles : Harvard
A) Theory: examine the factors that determine the dynamics of the debt-to–GDP ratio and the causes of debt accumulation (Use equations and graphs to answer this question).  Discuss the dangers of a very high public debt and the options open to a government to stabilize a high and growing debt ratio. References: Chapter 21 in Blanchard (Problem with High Debt, lecture slides and tutorial material) B) Policy: the rapid increase in government debt in most OECD economies in the 1990s le ...

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Tags: United Kingdom London Economics Advanced Microeconomics Advanced Microeconomics Kingston University Microeconomics GL11  


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