Fiscal Monitor

Fiscal Monitor, October 2016: Debt: Use It Wisely

By Marialuz Moreno Badia

October 5, 2016

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Marialuz Moreno Badia. Fiscal Monitor, October 2016: Debt: Use It Wisely, (USA: International Monetary Fund, 2016) accessed December 5, 2024

Summary

Drawing on an expanded data set covering emerging markets and low-income countries as well as advanced economies, this issue examines the extent and makeup of global debt and asks what role fiscal policy can play in facilitating the adjustment. The analytical framework explicitly models the interlinkages between private and public debt in analyzing the role of fiscal policy in the deleveraging process. Country case studies provide useful insights on what fiscal policy should and should not do to facilitate deleveraging while minimizing the drag on the economy.

Subject: Emerging and frontier financial markets, Financial markets, Financial statements, Fiscal policy, Fiscal stance, Macroeconomic and fiscal forecasts, National accounts, Private debt, Public debt, Public financial management (PFM)

Keywords: Africa, Asia and Pacific, Balance sheet repair, Bottom, Country abbreviation, Credit system, Debt deflation episode, Debt development, Debt level, Debt overhang problem, Debt problem, Debt repayment, Debt write-off, Debt-restructuring program, Def, Deflation episode, Emerging and frontier financial markets, Europe, Financial statements, Fiscal policy intervention, Fiscal stance, FM, Global, IMF staff estimate, Macroeconomic and fiscal forecasts, Middle East, Nominal GDP, North Africa, Potential GDP, Private debt, Private sector leverage, Role fiscal policy, Statistics manual

Publication Details

  • Pages:

    108

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Fiscal Monitor No. 2016/002

  • Stock No:

    FMOEA2016002

  • ISBN:

    9781513560601

  • ISSN:

    2219-276X