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This guide offers insights for fiscal policymakers in advanced economies on navigating the challenges posed by high national debt and low interest rates. It emphasizes the importance of understanding the economic landscape to formulate effective policy responses. By addressing the intricacies of fiscal management in such conditions, the book aims to equip decision-makers with the tools necessary for sustainable economic growth and stability.
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Fiscal Policy under Low Interest Rates, Olivier Blanchard
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- Released
- 2023
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- (Paperback)
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