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stagflation of the 1970s required steep increases in interest rates by major advanced-economy central banks to quell inflation …
Persistent link: https://www.econbiz.de/10013256317
This paper presents a comprehensive cross-country database of fiscal space, broadly defined as the availability of budgetary resources for a government to service its financial obligations. The database covers up to 200 countries over the period 1990-2016, and includes 28 indicators of fiscal...
Persistent link: https://www.econbiz.de/10011696384
Persistent link: https://www.econbiz.de/10011730915
activity and policies and presents plausible scenarios for the global economy in 2022-24. We report three major findings. First … happened recently. Second, the global economy is in the midst of one of the most internationally synchronous episodes of …
Persistent link: https://www.econbiz.de/10013383374