Monetary Zone (WAMZ) countries and explores the response of fiscal convergence to divergence of public debt levels, inflation … strong evidence that reducing divergence in public debt levels, inflation rates and current account balances would reduce … improve the primary balance and enhance capacity to reduce public debt to sustainable levels. Similarly, these countries …

Monetary Zone (WAMZ) countries and explores the response of fiscal convergence to divergence of public debt levels, inflation … strong evidence that reducing divergence in public debt levels, inflation rates and current account balances would reduce … improve the primary balance and enhance capacity to reduce public debt to sustainable levels. Similarly, these countries …

(public spending to GDP, tax burden), the permanent budget deficits and the increase in public debt. Globalisation has not …

The level of government debt in Canada relative to gross domestic product has risen steadily since the mid-1970s …. Canada has not been alone in experiencing rising government indebtedness, but in comparison to other countries, Canada's debt … load is now distinctly on the high side. The author reviews some of the effects of rising government debt levels on …

The Swiss Federal government finances are in an excellent shape: debt is small (and decreasing), and carries a low … current policy of running surpluses and paying down the debt is inefficient, and propose three alternatives. First, as the … interest rate on the debt is much lower than the GDP growth rate - a pattern that is not unusual - Switzerland could stabilize …