OECD Journal: Economic Studies, Volume 2012 Issue 1

Interest-rate-growth differentials and government debt dynamics

DOI:10.1787/eco_studies-2012-5k912k0zkhf8

The differential between the interest rate paid to service government debt and the growth rate of the economy is a key concept in assessing fiscal sustanability. Among OECD economies,this differential was unusually low for much of the last decade ...



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