{
  "title": "Fiscal Monitor, October 2016: Debt: Use It Wisely",
  "publication": "Fiscal Monitor, October 5, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/fm/issues/2019/09/27/fiscal-monitor-october-2016-debt-use-it-wisely-44028",
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  "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.",
  "authors": [
    "Marialuz Moreno Badia"
  ],
  "publishDate": "2016-10-05",
  "series": "Fiscal Monitor",
  "sections": [
    {
      "heading": "Overview and Purpose",
      "content": "- 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.\n- The analytical framework explicitly models the interlinkages between private and public debt in analyzing the role of fiscal policy in the deleveraging process.\n- 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.\n- Author: Marialuz Moreno Badia\n- Publication date: October 5, 2016"
    },
    {
      "heading": "Analytical Framework",
      "content": "- Explicit modeling of interlinkages between private and public debt.\n- Focus on the role of fiscal policy in the deleveraging process.\n- Use of an expanded data set that includes emerging markets and low-income countries in addition to advanced economies."
    },
    {
      "heading": "Country Case Studies",
      "content": "- Provide detailed insights into fiscal policy actions that can facilitate deleveraging.\n- Aim to identify fiscal measures that reduce the drag on the economy during debt adjustment."
    },
    {
      "heading": "Key Themes and Subjects",
      "content": "- Emerging and frontier financial markets\n- Financial markets and financial statements\n- Fiscal policy and fiscal stance\n- Macroeconomic and fiscal forecasts\n- National accounts\n- Private debt and public debt\n- Public financial management (PFM)"
    },
    {
      "heading": "Keywords and Geographic Coverage",
      "content": "- Africa; Asia and Pacific; Europe; Middle East; North Africa; Global\n- Topics: balance sheet repair; credit system; debt development; debt level; debt overhang problem; debt repayment; debt write-off; debt-restructuring program; debt deflation episode; private sector leverage; role fiscal policy; fiscal policy intervention; nominal GDP; potential GDP; statistics manual\n- Labels present in source: country abbreviation; def; deflation episode; FM; IMF staff estimate\n\n---\n\n\nSource: https://www.imf.org/en/publications/fm/issues/2019/09/27/fiscal-monitor-october-2016-debt-use-it-wisely-44028"
    }
  ],
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    "Authors: Marialuz Moreno Badia",
    "Published: October 5, 2016",
    "Series: Fiscal Monitor",
    "DOI: https://doi.org/10.5089/9781513560601.089",
    "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.",
    "Author: Marialuz Moreno Badia",
    "Publication date: October 5, 2016",
    "Explicit modeling of interlinkages between private and public debt.",
    "Focus on the role of fiscal policy in the deleveraging process.",
    "Use of an expanded data set that includes emerging markets and low-income countries in addition to advanced economies.",
    "Provide detailed insights into fiscal policy actions that can facilitate deleveraging.",
    "Aim to identify fiscal measures that reduce the drag on the economy during debt adjustment.",
    "Emerging and frontier financial markets",
    "Financial markets and financial statements",
    "Fiscal policy and fiscal stance",
    "Macroeconomic and fiscal forecasts",
    "National accounts",
    "Private debt and public debt",
    "Public financial management (PFM)",
    "Africa; Asia and Pacific; Europe; Middle East; North Africa; Global",
    "Topics: balance sheet repair; credit system; debt development; debt level; debt overhang problem; debt repayment; debt write-off; debt-restructuring program; debt deflation episode; private sector leverage; role fiscal policy; fiscal policy intervention; nominal GDP; potential GDP; statistics manual",
    "Labels present in source: country abbreviation; def; deflation episode; FM; IMF staff estimate"
  ],
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