Stagflation -- 10 Debt as a Phenomenon of the Excess -- 11 Finance, World Market, and Imperialism -- 12 The Capitalization of … excess and its negative consequences, such as over-accumulation of goods, over-pollution of the environment, and over …

During the pandemic, public debt in Latin America and the Caribbean rose to more than 70 percent of GDP, and countries … are now attempting to lower debt ratios. We analyze past debt reduction episodes and find inflation and the real interest … rate were the most frequent main drivers, while higher growth, fiscal consolidation and debt restructuring were relatively …