Edes, Bart W.; Morgan, Peter J. - In: Public Policy Review 10 (2014) 2, pp. 319-348
, conservative fiscal management, and financial repression that keeps interest rates low. Nonetheless, there are a number of reasons …-age-related spending dramatically, while tending to reduce economic dynamism. Third, financial repression is likely to diminish as … protection spending, contingent liabilities, reduction of financial repression, and the exposure of the domestic banking sector …