Public Debt Through The Ages
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The last time global sovereign debt reached the level seen today was at the end of the Second World War, and this shaped a generation of economic policymaking.
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Language: en
Pages: 60
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Type: BOOK - Published: 2019-01-15 - Publisher: International Monetary Fund
We consider public debt from a long-term historical perspective, showing how the purposes for which governments borrow have evolved over time. Periods when debt