Dols, Matthias; Peichl, Andreas; Zimmermann, Klaus F. - In: Intereconomics : review of European economic policy 47 (2012) 1, pp. 31-38
Debt-to-GDP ratios have grown to unprecedented levels in many industrialised economies. To combat this threat, the authors call for a global debt brake following the Swiss or German example. The debt brakes should be incorporated into national constitutions and monitored by independent...
