Benefits and Costs of Debt : The Dose Makes the Poison

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...

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Bibliographic Details
Main Authors: Kose, M. Ayhan, Ohnsorge, Franziska, Sugawara, Naotaka
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/648141582830563001/Benefits-and-Costs-of-Debt-The-Dose-Makes-the-Poison
http://hdl.handle.net/10986/33409