1 nov. 2021 Their finding that public-debt-to-GDP ratios above 90% are associated with markedly lower economic growth rates sparked a major debate. While ...
debt reduction to support longer-term economic growth prospects. Keywords: Public debt economic growth
1 nov. 2021 Economic growth as the dependent variable and public-debt-to-GDP as an explanatory variable: As a condition for being included in our ...
https://www.imf.org/-/media/Files/Publications/WP/2022/English/wpiea2022076-print-pdf.ashx
https://www.imf.org/external/pubs/ft/wp/2013/wp13238.pdf
government debt reduces real per capita GDP growth by 0.17 percent per year. To evaluate the presence of threshold they introduce two dummies
27 sept. 2013 Debt Ratio Changes Conditional on Growth and Interest Rates . ... Major Debt Reduction Episodes in Advanced Economies Since 1980 .
renders countries vulnerable to economic shocks and may hamper growth in a number of ways. Reducing persistently high levels of government debt thus remains.
1 jui. 2015 In such cases debt-to-GDP ratios should be reduced organically through growth
Taking a longer-term perspective reducing debt to lower levels represents a debt-to-GDP is associated with a 2½ basis point reduction in growth.28.
Over the past two centuries debt in excess of 90 percent has typically been associated with mean growth of 1 7 percent versus 3 7 percent when debt is low (under 30 percent of GDP) and compared with growth rates of over 3 percent for the two middle categories (debt between 30 and 90 percent of GDP)
debt sharply reduces growth and raise endogeneity concerns whereby weak growth is the cause of particularly high levels of debt Thus according to this view the priority should be increasing growth rather than reducing debt and consequently that much less short-term fiscal austerity is appropriate
Debt held by the public net of financial assets is expected to similarly grow to 98 4 percent of GDP at the end of 2021 100 1 percent at the end of 2022 and 108 5
The study revealed a negative and robust relationship between economic growth and the ratio of public debt to GDP; however this relationship is non-monotonic The adverse impact of public debt on growth is ameliorated by the quality of institutions domestic policies and outward-oriented policies