How Europe is kicking the debt habit
This book shows ways to eliminate high debt in the long term employing optimal liberal approaches. This requires modernisation of fiscal rules and a greater focus on the future of budgetary policy.
This book shows ways to eliminate high debt in the long term employing optimal liberal approaches. This requires modernisation of fiscal rules and a greater focus on the future of budgetary policy.
ISBN: 978-2-39067-042-1
Year: 2022
Authors: Lukas Sustala & Günther Oswald
European countries have accumulated a mountain of debt. The sovereign debt ratio has risen to new record highs in the Covid pandemic, and sharply rising interest rates threaten to exacerbate the financial situation in many eurozone countries.
This book shows ways to eliminate high debt in the long term employing optimal liberal approaches. This requires modernisation of fiscal rules and a greater focus on the future of budgetary policy.