When Should Public Debt Be Reduced? photograph

When Should Public Debt Be Reduced?

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Originally published June 2015
Authors Jonathan D. Ostry
Atish R. Ghosh
Raphael A. Espinoza
Date of Reg.
Date of Upd.
ID2111645
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About When Should Public Debt Be Reduced?


What considerations should guide public debt policy going forward? Should debt be reduced to achieve normative anchors (such as 60 percent of GDP), should it be increased further to finance a big public investment push, or should the existing debt be serviced forever? . . .

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