Benefits and Costs of Debt : The Dose Makes the Poison (English)

Government debt has risen substantially in emerging market and developing economies (EMDEs) since the global financial crisis. The current environment of low global interest rates and weak growth may appear to mitigate concerns about elevated debt levels. Considering currently subdued investment, additional government borrowing might also appear to be an attractive option for financing growth-enhancing initiatives such as investment in human and physical...

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Author

Kose,Ayhan;

Ohnsorge,Franziska Lieselotte;

Sugawara,Naotaka;
Document Date
2020/02/27
Document Type
Policy Research Working Paper
Report Number
WPS9166
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2020/02/27
Disclosure Status
Disclosed
Doc Name
Benefits and Costs of Debt : The Dose Makes the Poison
Keywords
board of governors of the federal reserve system

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Citation

Kose,Ayhan; Ohnsorge,Franziska Lieselotte; Sugawara,Naotaka.

Benefits and Costs of Debt : The Dose Makes the Poison (English). Policy Research working paper|no. WPS 9166 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/648141582830563001

Benefits and Costs of Debt : The Dose Makes the Poison (English)

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