maandag 19 april 2010
Analyse des répercussions macroéconomiques de l'organisation d'une Coupe du Monde FIFA en 2018 en Belgique
Lisez ce rapport du Bureau fédéral du Plan ici.
The future of public debt: prospects and implications
Since the start of the financial crisis, industrial country public debt levels have increased dramatically. And they are set to continue rising for the foreseeable future. A number of countries face the prospect of large and rising future costs related to the ageing of their populations. In this paper, the authors examine what current fiscal policy and expected future age-related spending imply for the path of debt/GDP ratios over the next several decades. Their projections of public debt ratios lead them to conclude that the path pursued by fiscal authorities in a number of industrial countries is unsustainable. Drastic measures are necessary to check the rapid growth of current and future liabilities of governments and reduce their adverse consequences for long-term growth and monetary stability.
Read this BIS report here.
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