Growth Implosions, Debt Explosions, and My Aunt Marilyn: Do Growth Slowdowns Cause Public Debt Crises?

· World Bank Publications
Ebook
35
Pages

About this ebook

The worldwide slowdown in growth after 1975 played an important role in the debt crisis of the middle-income countries in the 1980s, the crisis of the heavily indebted poor countries in the 1980s and 1990s, and the increased public debt burden of the industrial countries in the 1980s and 1990s.

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