Ludger Schuknecht Books

This book presents a holistic, comprehensive discussion of a highly relevant topic in economics: public expenditure, its history, value for money, related risks and remedies. It discusses the arguments and facts in a non-technical manner, with many tables and charts, for students, professionals and the interested public alike.

This study presents the facts, arguments and scenarios around public debt from a global perspective. Especially the largest economies feature record debt and fiscal risks, including from population ageing and financial imbalances. Given low interest rates, there is no imminent problem. But at some point, debt will have to come down.