Eichengreen, Barry; ElGanainy, Asmaa Adel; Esteves, Rui … - 2021
of public debt. It shows that the ability of governments to borrow has played a critical role in meeting emergencies … in public debt securities have also contributed to the development of private financial markets and, through this channel … dramatic events, which attract much attention, are not the entire story. In Defence of Public Debt redresses the balance. It …