Consumers aren’t the only ones maxing out their credit cards. Governments are funding stimulus packages in the hope of bringing their national economies back to life. But in today’s pensive economic climate, can a suitable blend of spending and financial responsibility be achieved?
That’s the issue Peter Buxbaum tackles in Striking a Balance. In ISN Podcasts, Jörg Baumberger says that countries are susceptible to falling into a debt trap due to spending practices and most likely will raise taxes accordingly.
- In the Digital Library, the Center for Global Development asks Will World Bank and IMF Lending Lead to HIPC IV?
- The Center for European Policy Studies discusses if anything was learned from the Great Depression in What Lessons from the 1930s?
- Discover the Financial Stability Board in our IR Directory.