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Global Debt Landscape Sends a Warning Sign


Xuehui Han is an Economist in the International Monetary Fund (IMF)’s Fiscal Affairs Department. Paulo Medas is Deputy Division Chief in the same department, while Susan Yang is a senior economist in the department. _____ Many countries entered the pandemic with elevated debt levels. Our...

Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package


Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover...

How Much Debt Can a Country Handle?


As conventional wisdom grows that central banks can go more deeply into debt than previously thought, one economist asks, how much is too much?

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