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Debt Sustainability and Fiscal Councils Add in library

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TOPIC: Debt sustainability and Fiscal Councils.  Answer BOTH parts (A and B) 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) ...

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Tags: Australia  Victoria  Economics Economics Advanced Microeconomics Victoria University Advanced Microeconomics 

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