Mendoza, Enrique G.; Oviedo, P. Marcelo - Department of Economics, Iowa State University - 2006
The ratios of public debt as a share of GDP of Brazil, Colombia, and Mexico were 12 percentage points higher on average during the period 1996-2005 than in the period 1990-1995. Costa Rica's debt ratio remained stable but at a high level near 50 percent. Is there reason to be concerned for the...